Talk of being able to train at Caulfield by 2028...

Everything that is happening at our club makes sense if you back-fill the timeline from the 2028 premiership.

1 hour ago, Wells 11 said:

Just to clarify and no offence intended as I enjoy your intel. But “Everything is agreed but there’s no set time line to sign contracts” sounds like a kind of contradiction. There must be something holding things up for signing not to be happening? Or am I missing something?

It sounds like all the parties have an in-principal agreement, or a hand shake agreement. However, the particulars of the contract are just being finalised. Reasonably common practice when it comes to contracting 😀

(That’s my take anyway!)

1 hour ago, Wells 11 said:

Just to clarify and no offence intended as I enjoy your intel. But “Everything is agreed but there’s no set time line to sign contracts” sounds like a kind of contradiction. There must be something holding things up for signing not to be happening? Or am I missing something?

Likely a non binding heads of agreement, under which a lot of the key details would be agreed (like naming rights, funding, construction process, usage rights etc). However, preparing the long form agreement always takes a while and the devil is in the detail!

Edit: whoops, just saw Bleasy as that had already commented similar!

Edited 1 hour ago1 hr by DeelightfulPlay

Only hope we have is:

Sign all members up to MRC.

Call an extraordinary meeting.

Take over Caulfield, Sandown and Mornington.

5 hours ago, Gouga said:

I think you have had a flashback to gary pert's favourite excuse for no progress in the MCG precinct. Different project now.

Different project, but the same players....

3 hours ago, Dannyz said:

I’m told the financial modelling has already been confirmed which is a mixture of State, Federal, Club, Benefactors and A significant naming rights sponsorship. The racecourse trust have given their approvals. We are awaiting on contracts being signed and there is no set timeline for that. This is the announcement we will hear at the AGM, unless something progressed prior too which I doubt.

This is closer to the reality - there is no way we can raise $100 million from members for the enitire project. More like Club/AFL $25 mil and the MFC members $25 mil. Government will be involved. For example, if it is the CRRT that will be resposnioble for completing the two ovals proposed, then government money would go straight to another government statutory entity (CRRT), and not to the MFC. At the end of the day those ovals will be community assets and the MFC will get the 15-20 hours agreed we need as part of our lease agreement with them.