Fans’ funding sought for Beaver Stadium rejig



Linkedin
Twitter

Penn State Beaver Stadium renovation Image: Populous

The Penn State University plans to renovate the Beaver Stadium in Pennsylvania, US, home to the football team Penn State Nittany Lions football, and the university will be looking to fans to help foot the bill.

‘radio.wpsu.org’ stated that speaking during the university’s Board of trustees meeting held recently, the President of the Pennsylvania State University Neeli Bendapudi gave little information about the project, other than to say that after review, the university has decided to renovate the Beaver Stadium, rather than build new.

The Penn State is a top-ranked research university and Pennsylvania’s (US) sole land-grant institution, founded with a mission of high-quality teaching, expert research and global service.

The 106,572-capacity Beaver Stadium is an outdoor college football stadium on the campus of Pennsylvania State University in University Park, Pennsylvania (US). It has been home to the Penn State Nittany Lions of the Big Ten Conference since 1960, though some parts of the stadium date back to 1909.

The Penn State Nittany Lions team represents the Pennsylvania State University in college football. The Nittany Lions compete in the National Collegiate Athletic Association (NCAA) Division I Football Bowl Subdivision (FBS) as a member of the Big Ten Conference, which they joined in 1993 after playing as an Independent from 1892 to 1992.

Stated Bendapudi, “I know there will be many questions, but candidly, all we are at this point is to say we’ve decided we will renovate, not build new. There’s not much else to add.”

‘radio.wpsu.org’ further stated that the announcement comes as the university is dealing with a budget shortfall. Renovating would be more economical, according to the university’s announcement.

Bendapudi noted that Athletics is “self-sustaining” financially.

She added, “So, no tuition, no student fees. None of the educational budget funds will be used for this project.”

Instead, they’ll be looking to other sources.

Bendapudi further stated, “Certainly we hope to count on our dedicated and loyal fans to pitch in with philanthropy to help us make this a reality.”

According to the university, the project would happen in multiple phases and could mean that the Beaver Stadium gets used “beyond football game days”.

Bendapudi said the project will have to go to the board for review and a vote.

Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.

Become a member of the only Global Sports Venue Alliance and connect with stadiums, arenas and experts from around the world. Apply for membership at coliseum-online.com/alliance and make use of the 365Coliseum Business.

Watch 250 member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


Advertisement Coliseum Summit News Banner - SGL System
Advertisement Coliseum Summit news banner - NEXO

More News

Africa's first timber stadium

Lesotho’s sustainable timber stadium

Published: April 17th, 2024

A new football stadium, primarily constructed from sustainably sourced timber, is being built in... » Read more

Wolverhampton Wanderers extend partnership with Levy

Levy score as Wolves’ retail partner

Published: April 17th, 2024

Premier League club Wolverhampton Wanderers have extended their partnership with current... » Read more

Jean-Michel Aulas in discussions to acquire OL Vallée Arena

Holnest in talks to buy LDLC Arena

Published: April 17th, 2024

Holnest Group has entered into exclusive discussions with OL Groupe to buy the LDLC Arena in Lyon,... » Read more

Paris aquatic center inaugurated

Paris Olympic Aquatic Centre inaugurated

Published: April 17th, 2024

The Paris Olympic Aquatic Centre has opened ahead of schedule for the 2024 Olympic and Paralympic... » Read more


Receive global sports venue NEWS twice a week in your inbox