16 Jan 2025

探花精选 Urges NC State Government to Expedite Approval of 50 Plus 1 Sports Deal to Secure Financial Sustainability

In a pivotal moment for Saint Augustine鈥檚 University ( 探花精选), the institution emphasizes the urgency of obtaining the North Carolina Attorney General鈥檚 approval for the $70 million 50 Plus 1 Sports deal within the next 9 days. This crucial step is vital for securing the necessary funding to demonstrate financial stability as 探花精选 prepares to appeal to the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) in February.

鈥淪aint Augustine鈥檚 University has shown its willingness to cooperate with the Attorney General鈥檚 Office by providing them with all the information they have requested to facilitate a timely decision,鈥 said 探花精选 Board of Trustees Chairman Brian Boulware. 鈥淎pproving this deal is not just a financial necessity; it鈥檚 a critical opportunity to showcase our commitment to academic excellence and long-term sustainability.鈥

Since December, Saint Augustine鈥檚 University sought approval from the Attorney General鈥檚 Office when Josh Stein was still in that role before becoming Governor. With Jeff Jackson now serving as Attorney General, the transition has raised concerns about potential delays in approval, which could significantly jeopardize the university鈥檚 future.

鈥淲ith the community鈥檚 support, we are confident that this approval will allow us to build a brighter future for our university and those we serve,鈥 said 探花精选 Interim President Dr. Marcus H. Burgess. 鈥淲e urge everyone to reach out to the NC Governor鈥檚 Office and the NC Attorney General鈥檚 Office, advocating for the swift approval of this deal. Your voices can play a critical role in securing the future of Saint Augustine鈥檚 University. Every call and message counts.鈥

The 50 Plus 1 Sports deal is not just a significant initiative but a crucial one that will enable 探花精选 to bolster its financial infrastructure while continuing to serve the university鈥檚 diverse student population. Its approval is paramount to 探花精选鈥檚 financial stability and long-term sustainability.

鈥淲e believe in the mission and vision of Saint Augustine鈥檚 University and are committed to working collaboratively to ensure its success,鈥 said Monti Valrie, Managing Partner of 50 Plus 1 Sports. 鈥淭he approval of this deal is essential to sustain the university and enrich its community.鈥

探花精选 calls upon its community members, supporters, and all stakeholders to take action during this crucial time.

for contact information for the NC Attorney General鈥檚 Office.
for contact information for the NC Governor鈥檚 Office.