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Report: Auditors warned of Rutgers' athletics troubles
Published: Aug 20, 2008

Associated Press

PISCATAWAY - Rutgers University auditors warned of financial troubles at the school's athletics department, months before revelations of possible mismanagement sparked two investigations, according to a published report.

A confidential internal audit, obtained by The Star-Ledger of Newark, warned of a lack of fiscal controls as money rolled in from the school's football success. The audit was critical of hundreds of thousands of dollars in off-the-books spending that never appeared in the Rutgers budget.

Joseph Sikora, the university's director of internal audit, said in the February report that athletics operations were showing "signs of being overextended at a time when the football program is undergoing rapid growth and success," according to the newspaper. More 

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