BROOMFIELD, Colo. -- The panel investigating the University of Colorado's embattled football program wrapped up its work Friday by approving a 40- to 50-page report expected to provide a blueprint for change.

The eight members of the panel refused to say what was in the report, which was approved unanimously after six hours of closed-door work and will be given the Board of Regents on Monday. It will be released to the public on Wednesday.

Chairwoman Peggy Lamm said she hopes the university takes the report to heart. "My hope is it will make a difference," she said.

Lamm said university President Betsy Hoffman has promised to act on the report and she has "no reason to doubt her."

The panel was tasked with finding out if the CU football program used alcohol and sex to lure football recruits. Since the panel was formed in February, the panel has heard from university administrators, head coach Gary Barnett, football players and recruits, parents and victims advocates to name a few.

One panel member told 7NEWS that it was a difficult and complicated process that's been made even more difficult because it was rushed. Another panel member said that most of the panel members were in agreement with the recommendations and they've been able to write up the report in a way that takes the passion and emotion out of it. Lamm said there won't be any surprises with the report, but another panel member said that depends on who you are.

7NEWS Legal analyst Craig Silverman said the panel should have been given subpoena power.

"You have to pity this panel, what a convoluted mess. Given the hamstring nature of their investigation, it's hard to believe that they will come up with anything worthwhile," Silverman said. "You have a lot of outstanding people with impeccable credentials on that panel... but unless they get to play by the rules of a courtroom ... it's hard to get at the truth."

The report will be printed and bound over the weekend and then delivered to the Board of Regents on Monday. It will be made available to the public Wednesday morning.

Some say the report will be a good way for the public to examine the practices of CU administrators.

At least eight women have said they were sexually assaulted by players or recruits since 1997, though no charges have been filed. Attorney General Ken Salazar, tapped as a special prosecutor at the height of the scandal in February, said a review has turned up no fresh evidence warranting criminal charges.

The scandal has dominated state news for months and has already spurred an overhaul of Colorado's football recruiting program. The NCAA is also weighing changes to recruiting guidelines nationwide.

Football coach Gary Barnett was suspended for comments he made in two of the cases, including that of former Colorado player Katie Hnida, who said she was raped by a teammate in 2000. Hoffman has said Barnett's fate depends on the outcome of the panel's investigation.

Patty Klopfenstein, the mother of tight end Joel Klopfenstein, said she expects little new information after months of hearings. She said the scandal has tarnished the reputations of dozens of players who did nothing wrong.

"This is a huge black eye for every player on that team," she said.

Klopfenstein said she wants an apology from the university, but does not expect to get it. She said it will take years for the football program to recover.

She also said she doesn't think the panel will recommend that anyone lose their job.

"When President Hoffman was here, she said she'd like more general recommendations because she wants to reserve the right to decide on people's jobs herself," Klopfenstein said.