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PSU revenue declines

$7.8 million drop attributed to loss of one-time fees

April 12, 2013
By Genaro C. Armas , The Associated Press

STATE COLLEGE - About 90 percent of the $7.8 million decline in revenue for Penn State's athletic department was due to a loss of one-time fees related to football club seat and suite renewals that were not budgeted for in 2012.

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