Punt Road Oval Redevelopment [merged]

[georgies31]

John O'Rourke spoke to the Club XIII group at half time of the Bulldogs game.  The project is shovel ready.  Cost is $100M if we start this year.  He indicated a strong desire to start in Dec. We have a bit over 80% of the funds to date from a combination of:
- Fed and State Gov,
- City of Yarra,
- MCC
- Benefactors
- Club

Looking to get to 90/95%+ so as not to put the club into an insurmountable debt.  We raise another $10 mill and we should be good to go.  This Saturday should help.

I was there that night and I have to disagree with starting in December, he said late 3rd qtr or early 4th qtr of 2024 which to me means Sept or October. He repeated that when someone from our table stopped him for a quick chat on his way out.

While I understand the not wanting to go into "insurmountable" debt (the Club cannot and shouldn't do that) and in a perfect world you'd avoid any debt the fact is the Club needs to be prepared to borrow to get this project done.

If the plan is to wait until they get to 95% then in the current economic climate we are looking at another delay and for me at least that is unacceptable. There have been enough delays (again just my take)

Agree with this wait to raise the other 15% or so we will be delayed again. Hasn't been handled well at all this situation.

[Francois Jackson]

If dealing with government grants from state and fed governments (especially when involving funds promised by the previous liberal government before the last federal election) is the same for AFL clubs as it is for local clubs, then I can fully understand why this project has been delayed.

Scomo 2019
Skumdrews 2020
Permit issued 2022
Funding or permits wasnt an issue IMO.
I bet they weren't focused on the job at hand and thought rates would stay low forever. Badly handled this one, and like others were caught up in the building cost crisis.

[Hard Roar Tiger]

Well, we haven’t had the favours down at Pork Barrel stadium where their $160m upgrade was entirely funded by your taxes.
People are quick to jump on us but the crap others get without any actual management skill is breathtaking

[Francois Jackson]

Well, we haven’t had the favours down at Pork Barrel stadium where their $160m upgrade was entirely funded by your taxes.
People are quick to jump on us but the crap others get without any actual management skill is breathtaking

how much did they get HRT? I have no idea

[Hart4Jack]

Well, we haven’t had the favours down at Pork Barrel stadium where their $160m upgrade was entirely funded by your taxes.
People are quick to jump on us but the crap others get without any actual management skill is breathtaking

how much did they get HRT? I have no idea

Shed loads, I seem 5o recall that they just got another $4m to upgrade their scoreboard. No need for them to try & find more money  to do it. 

[Go Richo 12]

If dealing with government grants from state and fed governments (especially when involving funds promised by the previous liberal government before the last federal election) is the same for AFL clubs as it is for local clubs, then I can fully understand why this project has been delayed.

Scomo 2019
Skumdrews 2020
Permit issued 2022
Funding or permits wasnt an issue IMO.
I bet they weren't focused on the job at hand and thought rates would stay low forever. Badly handled this one, and like others were caught up in the building cost crisis.

That’s when the money was promised but when it gets delivered is another story. Our club has been since the federal and state elections and it still hasn’t been released despite the projects being shovel ready. It’s a nightmare.

[pmac21]

Watching VFL at Swinburne Centre is terrible.
Some seating would be nice if they ever get started with

[WilliamPowell]

If dealing with government grants from state and fed governments (especially when involving funds promised by the previous liberal government before the last federal election) is the same for AFL clubs as it is for local clubs, then I can fully understand why this project has been delayed.

Scomo 2019
Skumdrews 2020
Permit issued 2022
Funding or permits wasnt an issue IMO.
I bet they weren't focused on the job at hand and thought rates would stay low forever. Badly handled this one, and like others were caught up in the building cost crisis.

That’s when the money was promised but when it gets delivered is another story. Our club has been since the federal and state elections and it still hasn’t been released despite the projects being shovel ready. It’s a nightmare.

 I will repeat what I posted the other day

They have received the promised funding...it's all in the financials

[Hard Roar Tiger]

Well, we haven’t had the favours down at Pork Barrel stadium where their $160m upgrade was entirely funded by your taxes.
People are quick to jump on us but the crap others get without any actual management skill is breathtaking

how much did they get HRT? I have no idea

Spoke to a guy at the footy a few weeks ago. All was funded by your taxes. Could tell you so much more about the piece of crap running our state but needless to say - we need to raise funds more legitimately

[one-eyed]

"Looking to the future, I am pleased to inform you that your support has allowed us to raise $482,000 for the Brick by Brick campaign, bringing us closer to the most significant build in our Club’s history: the redevelopment of Punt Road Oval.

Our Major Raffle and donations from Punt Road Patrons also saw the Tiger Army fund an additional $327,000 towards our sustained future in Richmond. We cannot thank those who donated enough."

Source: Prez's email.

[Diocletian]

lmao....

[Hard Roar Tiger]

On track to raise the funds by the turn of the century…..

[one-eyed]

- RFC President John O'Rourke

https://resources.richmondfc.com.au/aflc-rich/document/2024/11/21/cc9e8146-f2a6-444d-a6b3-6fc72b85a2de/2024-Concise-Financial-Report.pdf

[pmac21]

What an incredibly slow process this has been.