I'm pretty shocked by this:
www.mgoblue.com/.../article.aspx
Remember the discussion about Marsh leaving Auburn and whether or not it was a step down? Well, now we have another top coach leaving the NCAA ranks.
With 1,000 swimmers, he’ll need an assistant or two on the payroll. He'll need some administrative help (it’ll take at least two to tangle with 12,000 invoices a year). Won't he have to divert some cash flows into the pool for rent, and into the benefits and retirement pools too?
I think they own the land already.
You forget concessions at the pool. You have also neglected to figure in that each swimmer buys (at the very least ) $150 worth of gear a year at the pool's swim shop, if they have one.
They do - it is the size of my cubicle. But fully stocked.
With 1,000 swimmers, he’ll need an assistant or two on the payroll. He'll need some administrative help (it’ll take at least two to tangle with 12,000 invoices a year). Won't he have to divert some cash flows into the pool for rent, and into the benefits and retirement pools too?
I think they own the land already.
You forget concessions at the pool. You have also neglected to figure in that each swimmer buys (at the very least ) $150 worth of gear a year at the pool's swim shop, if they have one.
They do - it is the size of my cubicle. But fully stocked.
