The University of Arkansas Board of Trustees will meet today to consider authorizing a loan of up to $19.1 million to help the UA athletic department pay down annual debt associated with various facility projects.
The proposed resolution does not state why the loan is being considered, but the ongoing pandemic has led to a shortened football schedule and restrictions on the number of fans.
The new football schedule now has the Razorbacks playing five home games in Fayetteville, down from seven. The university also has said attendance will be capped at between 16,000 and 17,000 in a stadium that has a capacity to seat 76,412.