From the RFC website...Tonight, Richmond held its second Fighting Tiger Fund Dinner. The Club took another enormous step forward, and is now within touching distance if its $6 million target.
A further $2.3 million was raised, thanks to the outstanding support of several key donors, and the 150 people in the room. The FTF tally now sits at $5.5 million.
The Richmond board identified a number of key investments the Club needed to make when it launched the Fighting Tiger Fund. The Club needed to:
• Continue to invest in its recruiting and list analysis structure, so we can continue to build the depth of our playing list.
• Build its financial muscle to allow us to effectively manage total player payments and, in turn, ensure we are well-positioned for free agency.
• Invest in its high-performance program, which required an investment in equipment and coaching and development staff.
• Develop its second-tier structure to fast-track the development of younger players.
• Continue to reduce the burden of debt to allow us to pay 100% of the salary cap and be favourably placed for the introduction of free agency.
“All of this was about building a Club that can develop an era of sustained success and, of course, all of this requires financial support,” March said.
“I am very pleased that we are drawing so close to our final target.
“We had some individuals make some very significant donations tonight. They don’t wish to be identified, but they know who they are, and we will be forever grateful for the magnificent contribution they have made.”
Read the full article here: http://www.richmondfc.com.au/news/newsarticle/tabid/6301/newsid/137605/default.aspx
