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Posted
2 hours ago, Adam The God said:

What is this based on?

The business case is to come.

There should be multiple co-financing avenues with the multiple racing clubs, MCC, state, federal and even local govs, the AFL and our own cash injections, but this is a commercial team that struggled to get a short's sponsor for a team that had finished top 4 three years in a row and won a flag.

As for MFCSS, it's actually just a lack of trust now sullied over multiple years by the administration, nothing to do with the football side of things. At least not for me.

They aren’t proposing to build Dubai.:: it’s a few football ovals, a pavilion and a 4 storey HQ..: a members fundraising and some contribution from council and state governments will be enough. I’m in construction and the total cost for this isn’t going to be exorbitant 

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Posted
2 minutes ago, Oxdee said:

They aren’t proposing to build Dubai.:: it’s a few football ovals, a pavilion and a 4 storey HQ..: a members fundraising and some contribution from council and state governments will be enough. I’m in construction and the total cost for this isn’t going to be exorbitant 

What are we talking though? I had previously heard tens of millions...

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Posted
13 minutes ago, daisycutter said:

i wonder if caulfield will finally include the "Deeluded MFC Social Club"?

What about the Redleg Urinal?

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Posted

I find the negativity about this bizarre. We finally have some concrete plans, and things appear to be moving in the right direction. I am not a fan of Caulfield, but if that is the position the clubs takes then I will embrace it. Just give us a home already. 
Notably the Lawrence fans are still not happy. Can’t campaign on that one anymore hey?

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Posted (edited)
21 minutes ago, Adam The God said:

What are we talking though? I had previously heard tens of millions...

Dingley has a budgeted cost of $113 M for the Hawks facility

(The land cost was under $8M)

Edited by Diamond_Jim
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Posted
3 minutes ago, Diamond_Jim said:

Dingley has a budgeted cost of $113 M for the Hawks facility

(The land cost was under $8M)

That is one expensive oval.

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Posted
8 minutes ago, Diamond_Jim said:

Dingley has a budgeted cost of $113 M for the Hawks facility

(The land cost was under $8M)

Yep, I'd heard ours would require similar funding, great news if not, but remains to be seen. 

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Posted
4 hours ago, pitmaster said:

I hope Skuit didn't wait up for this.

Really just more of the same.

It's "build time" I want to hear about: ie how long will it take once the project starts turning over dirt.

It is a bit of a fizzer, and now I have no idea if my breakfast whisky is for joy or sadness. 

I'm mostly left scratching my head as to why they told Roffey not to attend the email forwarding. 

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Posted
3 hours ago, old dee said:

A MFC player will not grace it this decade. Think 2030+ better then than never.

And even then it will be just MFC androids. Like, who is going to go and fetch the balls that go in that dam? You can bet it won't be robot Fritsch. 

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Posted
5 minutes ago, Dingo said:

Sale of the Bentleigh Club money?

Hope not

That is "future fund" money. Use the income but not the capital.

Frankly we should have been raising money for the training ground for years.

Of the $113M being spent by the Hawks various governments are putting up $30M ($15M from each of State and Federal)

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Posted
12 minutes ago, FreedFromDesire said:

Yes, ours will be quite high as a total, it's expected to be around $100-120 million, of which we have committed $20-25 million.

So that's $20-25mill from the $32mill(?) sale of the Bentleigh Club? Of course, we'd have hopefully generated significant return on that from speculation in financial markets and interest, but that's a large amount to sink into the project, I'm sure it can't he helped though and the Caulfield asset gain will outstrip holding the Bentleigh Club. 

Posted
2 minutes ago, Adam The God said:

So that's $20-25mill from the $32mill(?) sale of the Bentleigh Club? Of course, we'd have hopefully generated significant return on that from speculation in financial markets and interest, but that's a large amount to sink into the project, I'm sure it can't he helped though and the Caulfield asset gain will outstrip holding the Bentleigh Club. 

I think that they will come to supporter groups to help raise equity, MCC, MFC, AFL ( they owe us big time) State & Fed Govt. this is not like the Cats Colosseum.

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Posted (edited)
34 minutes ago, FreedFromDesire said:

Yes, ours will be quite high as a total, it's expected to be around $100-120 million, of which we have committed $20-25 million.

Inability to obtain both Federal and State funding has been / is an issue as well. Final costs far closer to the $120million mark, Dees have to come up with 25%. 
 

Fundraising initiatives to be announced soon. Expect another Debt Demolition / Foundation Legend and Heroes event to be run. 

Edited by BLWNBA
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Posted
2 minutes ago, BLWNBA said:

Inability to obtain both Federal and State funding has / is an issue as well. Final costs far closer to than $120million mark, Dees have to come up with 25%. 
 

Fundraising initiatives to be announced soon. Expect another Debt Demolition / Foundation Legend and Hero’s event to be run. 

I remember Essendon doing something similar to the childrens hospital appeal on the phone lines and raised significant $$

I presume that the build will be completed in phases?

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Posted

It’s definitely a step in the right direction, but until we have concrete agreements on how this is going to pay for itself, i won’t be opening the Single Malt Whiskey 🥃 ….

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Posted
8 minutes ago, DeeZone said:

I think that they will come to supporter groups to help raise equity, MCC, MFC, AFL ( they owe us big time) State & Fed Govt. this is not like the Cats Colosseum.

They absolutely will, that's their go to.

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Posted
On 13/09/2024 at 21:35, whatwhat say what said:

if we end up with elite training facilities at both caulfield and casey it will be an outstanding result for the club

If we end up with elite training facilities at Caulfield and can [censored] Casey off for good would be even better

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Posted
1 minute ago, Dr. Gonzo said:

If we end up with elite training facilities at Caulfield and can [censored] Casey off for good would be even better

We need both to cover AFL, AFLW, VFL & VFLW.

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