Looking at EKU's fundraising numbers, alumni participation rate, past campaigns, endowment, etc., I don't see it is possible for EKU to raise $30M for a stadium. It will have to come from other revenue streams. Even WKU, who has a much higher alumni giving rate, higher endowment, higher annual fundraising totals, etc., couldn't fund it's stadium renovation entirely with private support. WKU received a $5M naming gift and some other gifts but mostly was funded by a student fee.

Also, $30M is not a lot of stadium. WKU's renovation of East Grandstand and construction of West Grandstand was nearly $50M.