"Whilst there was $0.5m in legal proceedings expenses during the year, the net cost after recoveries is $0.1m. It is regrettable that the Club is required to incur this expenditure."
"Whilst the Club has been unable to achieve its aim of commencing construction on a new Melbourne home base facility during the strategic period, all involved in the Club are working tirelessly to deliver the vision of a world class primary facility that can be enjoyed by players, staff and supporters, and are confident this vision will be realised in the term of the Club’s next Strategic Plan. We understand the delay
is frustrating for players, staff, supporters and your Board, however it is a long-term project and in order to deliver the world class facilities we want we can only move at the speed determined by our key project partners and State Government given our requirement for land and funding.
The Club is continuing to work closely with the Victorian State Government on our primary home base, and as advised at last year’s Annual General Meeting this includes opportunities within the Caulfield
Racecourse."