DALLAS – Colorado State University will build a $250 million stadium on its Fort Collins, Colo., campus if promoters can raise half that amount through voluntary contributions, CSU President Tony Frank announced Monday.

“Before I would take any financing package to the Board of Governors for their consideration, I’d have to be extremely confident that the combination of philanthropy and financing against committed stadium revenues would cover the cost of the stadium,” Frank said in a prepared statement. “At this point, the clearest path that I can envision is $125 million of philanthropic funds supported by stadium revenue commitments able to service $125 million in debt.”

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