owner, and noted Pennsylvania State University benefactor Terry Pegula released the following statement this afternoon regarding the events at the university:
"The events that are unfolding at Penn State University are deeply troubling and a matter of great concern to me and my wife Kim. As many have expressed, our primary concern is for the individuals and families who may have been victimized."
"Penn State's reputation has been severely tarnished. We are encouraged to see the University trustees have begun the process of restoring integrity and trust in the institution. This process will take a period of time and trust will need to be re-earned as a result of these recent disclosures."
"Penn State is supported by millions of students, alumni, faculty, staff and administrators. Our own support for Penn State and its hockey program is well known and will continue. We expect the University will carry out its educational mission with high standards and integrity."