After reading all the blogs that deal with this, I can safely say that most of the fans want forgiveness to be given to Petrino by the University. I am not saying that penalties will not be put in place, but I think there would be a huge outcry from the fans if he has his employment terminated.
Here is some information on how Long will go about that decision process from the Arkansas Times Blog:
Thursday, April 5, 2012
UA places Petrino on administrative leave
Posted by Max Brantley on Thu, Apr 5, 2012 at 10:09 PM

- AT NEWS CONFERENCE: Jeff Long.
University of Arkansas Athletic Director Jeff Long announced at a 10 p.m. news conference that he’d placed football coach Bobby Petrino on paid administrative leave as a result of learning today that Petrino was not alone in the motorcycle crash Sunday.
Assistant Coach Taver Johnson will take over while Long said he considers the situation. He didn’t give a timetable but said he’d move “expeditiously”. Johnson said he met with Petrino tonight at 7:15, at which time Petrino acknowledged he had not told Long the full story about Sunday’s motorcycle accident, which involved Jessica Dorrell, a 25-year-old football staff employee. Long said Petrino first told him of the information in a phone call about 3:25 p.m. This was about an hour after release of the State Police report.
Long said he was disappointed in learning Petrino had not been forthcoming about the accident. The university earlier had relayed Petrino’s statement that no one else was involved in the accident and, until the late-night event at UA, had not acknowledged that was in error.
Long fielded several questions from reporters, but deferred specific responses to most pending further review. He declined to answer specifically a question about Dorrell, whom Petrino has indicated now he’d tried to protect. He said he was trying “to protect my family and a previous inappropriate relationship from becoming public.” Long said he’d spoken briefly with Dorrell. (You can replay Long news conference here.)

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