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Training Ground?


Romey

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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. 

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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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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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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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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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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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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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10 minutes ago, Sir Why You Little said:

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 🥃 ….

I just opened a bottle of Chivas Regal to go with the BBQ, unfortunately the barbie is firing up a bit.😳😳

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2 minutes ago, Katrina Dee Fan said:

How’s this for an interesting take - I’ve seen suggestions in various social media reports that MRC are looking at funding this through potentially selling Sandown Racetrack. If that’s the case, would Melbourne need to raise a huge amount? 

That is for another component of redeveloping Caulfield Racecourse, proposed new grandstand, new mounting yards etc has nothing to do with redeveloping the reserve inside the track where MFC ovals would be located.

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34 minutes ago, Katrina Dee Fan said:

How’s this for an interesting take - I’ve seen suggestions in various social media reports that MRC are looking at funding this through potentially selling Sandown Racetrack. If that’s the case, would Melbourne need to raise a huge amount? 

Nothing to do with us. It’s for their own development at the track.

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1 hour ago, Diamond_Jim said:

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)

How much money has been given to Geelong from both Federal & State governments to build "Taxpayer Park". Not sure how much they provided but there was talk of around 300m. I'm sure someone will be able to access figures to verify.

 

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1 hour ago, BLWNBA said:

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. 

You can bet Peter Lawrence won’t be donating 

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4 hours ago, DemonOX said:

Thanks @goodwindees ur info was spot on about an announcement today. 

God there is no pleasing some posters here. We get some news that our potential home quarters is progressing and some of u are carrying on that u thought it would be more advanced, yet if nothing is said the same posters still bloody carry on about the lack of progress.

FFS it’s not a 2 min process and there are stages that we need to go through to get this project completed. Yes it has taken a long time overall looking for a home base, but bloody hell a bit of positive news is better than nothing. 

Is it good news or is it chicken feed to appease the masses?

They said we should have an outcome on the business case by mid-2025, let's see what they have to tell us come next June.

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3 hours ago, He de mon said:

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?

What concrete plans?

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2 hours 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. 

We should never have gotten rid of the pokies.

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Don't worry - Sideshow Bob has it sorted as the face of our new Burger joint McDemons to open on the corner of Neerim and Booran Rd.

Just need to a big enough drive through to service a gazillion burgers at $35 each - each one comes with a toy Petracca or Clarry 

Surely there's no copyright infringement going on there 😳 

 

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11 minutes ago, Sideshow Bob said:

Don't worry - Sideshow Bob has it sorted as the face of our new Burger joint McDemons to open on the corner of Neerim and Booran Rd.

Just need to a big enough drive through to service a gazillion burgers at $35 each - each one comes with a toy Petracca or Clarry 

Surely there's no copyright infringement going on there 😳 

 

I can see a giant red & blue billboard on Neerim Road ...

McDEMONS

Glen Huntly, VIC

"Home of the Big Trac"

 

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