According to the report in the United States newspaper on Sunday, the institution’s board of trustees, of which President Donald Trump is the chairman, has argued that putting the president’s name on the facade could be the only way to avoid imminent and “certain fiscal collapse”.
From the little I read, it’s bankrupt because people have boycotted it since the name change, and now Trump is saying that the only way to save it is to change the name so he can do a fundraiser (makes no sense). Just a complete load of shit, total scam, nothing more.