Flawed from the beginning

CAMPUS ISSUES: The struggle to sell Memorial Stadium seats stems from overly optimistic revenue projections and an ill-conceived project.

The recently renovated Memorial Stadium’s new foundation may stand rock solid, but the same could not be said for the financing plan to cover the project’s roughly $320 million in costs. In spite of Cal Athletics’ and the campus administration’s best efforts to bring the stadium’s finances back onto a Read More…