(09-23-2019 03:03 PM)invisiblehand Wrote: UH fans when they hire their 5th coach in 6 years:
it will be pretty much impossible to fire the guy when they will owe him about $12 million and when they are running commercials during today's game talking about running a $7.5 million dollar deficit this year in the athletics program
tilly fertie is roundly regarded as an idiot in Houston, but I respect the fact that he put his money where his mouth was.....but at the same time you can certainly call into question the idiotic demands he made for any coaching candidate and a buy out to leave back when Applewhite was hired and how that massively limited the pool of candidates to choose from
you can also mock who his hand picked choice of coaches was to replace Applewhite and the horrible deal he worked to get him including paying $1 million to WVU to get him
currently he is suffering massively with the issues in the casino, restaurant, and pro sport business, but I truly hope he is able to work through it and come out with his properties.....but he is still a buffoon, but a buffoon that has done good things for The City Of Houston overall
the good news for him is he failed at the take over of CZR and I believe he made some cash on their eventual sell out to Eldorado
the other good news for him is just before all this had happened he took out a large chunk of cash from his operations with the blessings of his lenders and he had planned on taking out $100 million, but it was doubled to $200 million
so he has some personal cash to fall back on, but he has already put $50 million of that back in and he took out one of the highest interest bridge loans for his business ever so there is a long way to go.....but he is going to be very short on football coach cash for a long time
again I hope he is able to pull things out and it is his cash to flush away on a coach as he sees fit, but it was a horrible hire and a big waste of money and so far it is a massive fail and it looks like uH will be stuck with it for a while