There is potential, but there are a lot of things that bother me at this point, in particular the grid is not aligned very well. I like the main background image and how it fades nicely into the page, but you are wasting way too much space to the right of the text. In addition, something doesn't look right about the main text at the top. I think you should ditch the border around the white semi-transparent background and make the background slightly more opaque. The logo does not fit in to the page very well, it needs some work and better attention. The latest news stands out too prominent, it is of little importance to most potential visitors I'm sure. The outer glow/drop shadow also is distracting, things shouldn't all looked stacked. that is enough for me to start I think.