Are the donations tax deductible?

NO

The emblem has been unveiled!

DEBT DEMOLITION

No surprise there!

Great effort WJ! Expensive dinner alright!!

GO DEES! This will be a night to remember for all Demons fans.

It wasn't me (although a moth just flew out of my wallet).

DEBT DEMOLITION

The emblem has been unveiled!

DEBT DEMOLITION

No surprise there!

:D :D FREE TO POST AND GLOAT ON MY FACEBOOK!

It wasn't me (although a moth just flew out of my wallet).

Haha I know mate! You should have claimed it though!

Enjoy your night mate, look forward to a report if you can remember much after a night of celebration!

:D :D FREE TO POST AND GLOAT ON MY FACEBOOK!

Probably hasn't been unveiled publicly mate. Correct me if Im wrong WJ?

Debt demolished.

$1.18m raised.

DEBT DEMOLITION

Debt demolished.

$1.18m raised.

DEBT DEMOLITION

WOAHHH! Amazing!!! Demolished is an understatement! That debt was wiped out like none other!!

So we have some excess funds... oh the joy!!!

Well done Melbournefc !

My god, that is unbelievable!

GO DEES!!!!!!!!!!!!!!!!!!!!!

Debt demolished.

$1.18m raised.

Great result, the feeling must be of an enormous relief and now we work towards a successful future.

I thank all of those that have given their hard earned money to help a great club our club.

We all gave what we could.

Thankyou.

Following this post tonight motivated me to donate some extra money on behalf of my Melbourne supporting rabbit. He's pretty stoked to hear the news!

As am I. This is such a big moment for our club. We're really going places.

Finally I can take the debt demolition website off my bookmark bar!

Great effort to all involved!

Congratulations Melbourne in particular the board led by Jimmy and the late Peter Szental

And the great CS!!!!! WHAT A GREAT FEELING!!!! GO THE MIGHTY DEMONS!!

Just over 2 years ago, an Irishman named Jim Stynes came on The Footy Show. He laid out his plans for his newly acquired presidency, including getting rid of our financial woes. I immediately jumped on the phone and an injured draftee called Grimes sold me my first membership.

That evening my love for this club jumped up a couple of levels, and has continued to grow since then. This evening, it has managed to find another gear. I didn't think it was possible. We are debt free, no longer the laughing stock of the football world, and fast becoming a powerhouse both on and off the field.

Jim, the MFC is no longer in debt to the bank, but we will always be in debt to you.

Thank you, from the bottom of my heart.

Home now and what a fantastic night. It's so great to be a part of this fantastic club that I've been so passionate about for so long.

I know it was all about money but money's just money. What was important that so many people made the effort to contribute because they want to see the club not only survive but be great again as it once was.

My report can wait for another time but I do want to say what a fantastic person Jimmy Stynes is - even without the football his work at Reach has been phenomenal. What he's done for our club goes beyond even that. People scoffed when Ron Barassi started the Irish experiment back in the 80s but we can look back now and realise how important it was to the Melbourne. Football Club.

Now back to the money - and I hope I'm not sounding like a tv merchandise salesperson adding a set of steak knives to the deal but I think the final number will be even higher than was announced by Don McLardy. When I left the silent auction was still going and there were a few people bidding for naming rights on the players' lockers like they were lunatics.

The excess above and beyond the figure required to demolish the debt will be used to enable capital works to be carried out. I'm not sure what they might be bur rest assured that the club's facilities at the Bubbledome are second to none - not even Collingwood. Perhaps some of that money might go towards a trip to a high altitude location like the one the Magpies visit every year in Arizona.

Anyhow, after tonight, the sky's the limit for the Melbourne Football Club.

DEBT DEMOLITION

Raa dees!

great effort by everyone involved

indeed, golf claps and champagne all round!

I heart MFC.

(thanks WJ for the running commentary - much appreciated).

Great news.

Hopefully this finally puts to an end our own supporters suggesting MFC fans are less committed than those of other Clubs!

Well done to all involved, Especially to Jimmy and the board who have come in and this club has risen from the ashes of what we were.

As said the sky is the limit and now we have to make sure that we use the extra money wisely and invest back into the club to make us as strong as any other.

Debt demolished.

$1.18m raised.

Thanks for all the posts W.J . It is great to wake up to this kinda news. Amazing result. Thank you will never be enough to say to all the Foundation heroes. Also to the supporters who donated what they could.

Jimmy is a legend in so many ways. Debt free after 30 years, that IS AWESOME. It's sad Peter Szental is not here to see the debt gone.

Go DEE'S

Edited August 5, 201015 yr by Deevout

Magnificent effort all round and congratulations to the club for picking itself up by the bootstraps and getting out of debtor's prison.