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News & ViewsSports

Arkansas football coach John L. Smith may file for bankruptcy

  • by Todd Gill, Flyer Staff
    on July 5, 2012 at 9:25 am

John L. Smith

Courtesy

Arkansas head football coach John L. Smith may soon file for bankruptcy as a result of several failed real estate investments in Kentucky, the Associated Press reports.

Smith, who was hired in April to replace Bobby Petrino, said he wanted to come clean about his financial problems now in hopes that they don’t become a distraction once the season begins.

“There have been some sleepless nights trying to get this resolved,” Smith told the AP. “There comes a point in time where you say ‘Enough is enough,’ and I want it cleaned up and whatever we have to do, we have to do.”

Arkansas athletic director Jeff Long said he knew about the financial problems during the hiring process, and that he didn’t believe the issue would affect Smith’s ability to coach.

The Razorbacks are expected to begin the 2012 season ranked in the top 10 thanks to returning star quarterback Tyler Wilson and record-setting running back Knile Davis.

via
ArkansasSports360

 

10 Comments

Fayetteville Flyer doesn't necessarily condone the comments here, nor does it review every post. Read our full policy.

  1. litfuse says:
    Thursday, Jul 5, 2012 at 3:15 pm

    dang. Glad he is in charge of our young assets. what a role model.

    • John Harmon says:
      Thursday, Jul 5, 2012 at 4:58 pm

      I agree. I our football coach cannot offer sound fiscal advise to our players then we all must ask ourselves: “Is this man qualified to coach football?” Everyone knows that forth and inches is a long shot during a bear market.

      • blarrrgh says:
        Thursday, Jul 5, 2012 at 7:42 pm

        You win the internet today, Mr. Harmon.

        • John Harmon says:
          Thursday, Jul 5, 2012 at 8:13 pm

          Thank you. I regret that I did not win the internet spelling bee instead.

    • d.a. ransom says:
      Friday, Jul 13, 2012 at 12:34 am

      not his role to provide sound, fiscal advice. his role is to coach and if effective WIN.

      • John Harmon says:
        Friday, Jul 13, 2012 at 10:27 pm

        This year the SEC will be dominated by the team with the most raw mathletic prowess. If our special teams can handle credit default swaps and if the defense can stop the onslaught of mortgage backed securities, then our high powered and seasoned offense might be able to lock-in very reasonable rates.

        • David Franks says:
          Friday, Jul 13, 2012 at 10:34 pm

          Only if they can stay away from multiple-leveraged first downs.

  2. Jamie Bullet says:
    Saturday, Jul 7, 2012 at 10:35 am

    Don’t you think a bunch of deep pocket Razorback supporters will bail Smith out now that he has gone public? Pretty smart on his part.

  3. curios george says:
    Saturday, Jul 14, 2012 at 1:58 pm

    Don Marr defrauds his best friend and the Bank of Fayetteville for $165,000.00 and gets a 1 day story in the Times and no story at all in the Flyer. Why is this story worthy of being reported on and the one about Don Marr not? Good Gawd, he is essentially the mayor of Fayetteville!!!!

    • Innarested Observer says:
      Saturday, Jul 14, 2012 at 6:00 pm

      Ummm… more on this, please?

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