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In June, the UK Board of Trustees approved an internal loan from the University to Champions Blue/UK Athletics of up to $110 million for critical investments in infrastructure and other initiatives. 

The internal loan – to be paid back with interest – is part of a 3.5-year financial plan in which Champions Blue will make investments, designed to generate new, additional revenues to position UK athletics on a growth trajectory to meet the challenges of this dramatically changing landscape.

Maintenance of Kroger Field



Wide shot of Kroger Field at night

 

This $15 million project will initiate a comprehensive maintenance and repair program for Kroger Field on campus. A 2023 condition assessment study resulted in a master maintenance plan for Kroger Field. The maintenance plan includes a detailed, proposed preventative maintenance and repair program to ensure long-term durability and extend the football stadium's useful life.

Renovation of Suites and Elevators at Kroger Field



Wide shot of Kroger Field at night

 

This $13 million project will renovate the 40 corner suites located in the east and west end zone seating bowl of Kroger Field and replace the six existing elevators used by fans to access the corner suites and upper concourse. Improvements to the suites will include updates to finishes, lighting, countertops, cabinets, fixtures, flooring and seating. The suites and elevators require updating as they were installed in 1999 during the expansion of the end zone seating area.

Improve Soccer and Softball Facilities



Photo of UK softball complex

 

This $5 million project will upgrade the existing sports lighting systems for both the soccer and softball fields to state-of-the-art LED systems. Additionally, this project will include updating the netting system in the indoor hitting pavilion, installing a Trackman radar system used by the team to analyze performance data, installing a new sidewalk entry area to greatly improve pedestrian safety outside the facility, and replacing existing field fencing and gates that have exceeded their useful life. As the University is hosting the 2026 Southeastern Conference Softball Tournament these improvements will enhance the fan experience.

Design and Construct Club Space, Improve Wi-Fi

This $8 million project will design and construct a new club area at field level in the west end zone seating bowl of Kroger Field. The new club space will feature distinctive viewing opportunities for events on the field, dining spaces, lounge areas, various amenities, and utilization beyond football game dates. Additionally, the project will include installation of Wi-Fi devices to ensure connectivity throughout Kroger Field.

RFI for Entertainment District

The University plans to seek market guidance as a preliminary step in developing a fan experience district near Kroger Field, which would serve the University community and the Commonwealth year-round. This project will create a mixed-use entertainment district on the campus, akin to similar projects in other college athletics venues as well as professional sports. Examples of mixed uses may include hotel(s), dining options, event and conference space, and additional retail. The District will enhance the overall UK fan experience, maximize the commercial potential of UK Athletics facilities, and support the University community and the Commonwealth throughout the year. The project is part of the multi-year plan designed to enable the athletics enterprise to produce the necessary revenue to ensure a strong financial trajectory.

Operating Loan

The UK Board of Trustees approved an internal loan to Athletics of up to $110,000,000 to invest in a multi-year capital project initiative, much of which is designed to maximize revenue growth through the new operating and governance model – Champions Blue LLC – approved by the Board of Trustees at its April 2025 meeting. The University also anticipates an operating loan to Athletics for two fiscal years, FY 2024-25 and FY 2025-26, for aggregate total of up to $31,000,000.