Penn State’s Paterno to retire at end of season

STATE COLLEGE, Pa., (Reuters) – Penn State University  football coach Joe Paterno said yesterday he will retire at  the end of the 2011 season amid a scandal over allegations a  former assistant coach sexually abused boys and school  officials covered it up.

In a statement, Paterno, one of the biggest names in  American sports, termed the situation a tragedy and “one of the  great sorrows of my life.”       “I am absolutely devastated by the developments in this  case. I grieve for the children and their families, and I pray  for their comfort and relief,” he said.

Paterno, 84, has been criticized for not doing more to  intervene in the case of Jerry Sandusky, a former assistant  coach, when incidents of abuse came to light.

“With the benefit of hindsight, I wish I had done more,”  said Paterno.

Two former university officials — athletic director Tim  Curley and finance official Gary Schultz — were charged on  Monday with failing to alert police after they were told that  Sandusky had been seen sodomizing a young boy in the football  locker room shower in 2002.