The Cal State Long Beach football program, which was in jeopardy last December because of financial troubles, will continue "in 1988 and beyond," university officials announced Monday.
"Together, the university and the community have solved the problem," President Stephen Horn said at a news conference.
Horn said that of the $500,000 needed by next July 1 to pay for scholarships and keep football alive, $337,324 has been assured in community donations, ticket sales and excess revenues.
"This leads us to (expect) that the goal will be met," Horn said.
Long Beach almost dropped football last December but a frantic drive that raised $300,000 enabled it to continue this season.
Horn also said Monday that there will be a five-year plan for the athletic department.
Such a long-range commitment is what the school's boosters have long sought from the administration. Boosters claimed last spring that Horn lied to them about wanting high-quality teams.
"Our goal is to field a nationally competitive athletic program," Horn said Monday. "Football is showing tremendous promise under first-year Coach Larry Reisbig."