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UCF Loses Over $1 million From AAF Suddenly Folding


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17 hours ago, slick1ru2 said:

How in the world do you not get the money after each game, or at least a good chunk of it on the front-side when you are dealing with a start-up that announced financial concerns after week 2? 

"Sources around the league said the AAF never paid UCF for the lease it signed to play at the stadium -- leaving the university with a hit of over $1 million. It is believed the UCF Athletics Association never sent an invoice to the team."

 

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On 4/4/2019 at 1:58 PM, BullyPulpit said:

How in the world do you not get the money after each game, or at least a good chunk of it on the front-side when you are dealing with a start-up that announced financial concerns after week 2? 

"Sources around the league said the AAF never paid UCF for the lease it signed to play at the stadium -- leaving the university with a hit of over $1 million. It is believed the UCF Athletics Association never sent an invoice to the team."

 

I'm sure their glad they have on OCS.

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1 hour ago, CousinRicky said:

I'm sure their glad they have on OCS.

I'm sure they are as well, but that has nothing to do with making a poor business decision. 

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1 minute ago, BullyPulpit said:

I'm sure they are as well, but that has nothing to do with making a poor business decision. 

USF can't make that mistake.

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On 5/20/2019 at 3:45 PM, CousinRicky said:

USF can't make that mistake.

You have to have more faith in us. 

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23 minutes ago, puc86 said:

You have to have more faith in us. 

Can't lose money renting an OCS you don't have.

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37 minutes ago, CousinRicky said:

Can't lose money renting an OCS you don't have.

If we can fix brand confusion by creating more logos we don’t need and then yanking back that logo and going with one we already have I have full faith in our ability to lose money renting a stadium we don’t own. Maybe we sell rain insurance to Ray Jay tenants only when Florida is in the cone of uncertainty and all spaghetti models have the hurricane on the stadium during the event.

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