University of Louisville president James Ramsey resigning

Updated Mar. 4, 2020 3:07 p.m. ET

foxsports

FRANKFORT, Ky. (AP) University of Louisville president James Ramsey is stepping down and Kentucky Gov. Matt Bevin will appoint a new board of trustees at the school, which has been plagued by scandal in recent years.

Bevin announced Friday that he will disband the university's 17-member board and replace it with a 10-member board that he appoints. Ramsey, who has led the university for 14 years, submitted a letter saying he will offer his resignation to the newly appointed board.

Bevin says he met with Ramsey and both agreed the university needs a ''fresh start.''

Among the school's recent problems is an NCAA investigation of the basketball program related to an ex-coach arranging female escorts for players and an FBI investigation of top university officials for alleged misuse of federal money.