Well, they're upgrading, moving into a new facility.
6 seconds sound clip from the Old School movie soundboard.
You can hear this line at 01:25:34 in the Blu-ray version of the movie.
Quote context
[...]
- Let's just say I caught him red-handed and it wasn't pretty.
- I guess I thought he could change, you know? I don't know.
- Yeah, I'm moving into a new place, far, far away from here.
- What about your little fraternity?
- Well, they're upgrading, moving into a new facility.
- And to tell you the truth, they don't have much use for the Godfather anymore.
- I hope you'll still think I'm cool even without all this.
[...]