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NorthPort's picture
Last seen: 6 hours 2 min ago
Joined: 03/11/2003 - 00:00
Troubled Frankston Dolphins has 90 per cent of debt slashed

From the Frankston Standard Leader
Reported by Christian Tatman - Frankston Standard Leader
Full article - Click here

 Andrew Batsch
Frankston state Labor MP Paul Edbrooke with club stalwart Bryan Mace at Frankston Oval. Picture: Andrew Batsch

FRANKSTON Dolphins Football Club has received a massive boost with the State Government waiving a huge chunk of its debt.

State Labor MP Paul Edbrooke announced today that 90 per cent of the debt owed to the government had been waived following tough negotiations.

Mr Edbrooke would not reveal the figure, however, the Leader understands it is about $450,000.

“I made it clear losing the Dolphins was not an option,” Mr Edbrooke said.

“After weeks of negotiations I have secured an agreement with the State Government — one of the Dolphins’ largest creditors — which waives more than 90 per cent of the club’s debt to the government.

“This puts the club in a remarkably better position to move forward and reclaim a VFL licence.”

Mr Edbrooke said the move went a “long way to saving the Dolphins Football Club”.

And council has also stepped in — relinquishing $50,000 owed by the Dolphins.

Council CEO Dennis Hovenden said any further reduction of the remaining $18,000 owed would be at the discretion of the newly-elected council.

But Mr Hovenden said it was vital that “major changes” occurred within the club so it could gain a VFL licence for 2018 — the major aim of supporters.

Club stalwart Bryan Mace and Frankston state Labor MP Paul Edbrooke celebrate the news. Picture: Andrew Batsch

Dolphins great and steering committee member Peter Geddes said the debt relief was good news.

“We still have some final negotiations around aspects of the debt. We are hoping that the final negotiations go well,” he said.

Supporters were aiming for the club to come out of administration within several weeks, he said.

“If it all falls well we get the club back in a couple of weeks.”

Mr Geddes said it was likely a general meeting to elect a new board would be held soon.

The Dolphins were sensationally booted out of the VFL in September after AFL Victoria said its $1.5 million debt was too significant to ignore.

At the time legendary Frankston administrator Bryan Mace said he was staggered the AFL would not intervene and described the situation as a “kick in the guts for our community”.

Members are now adamant the club can be resurrected for the 2018 season.

High-profile former Hawthorn president Ian Dicker, who led the resistance to the Hawks’ proposed merger with Melbourne in 1996, is supporting the club.

AFL Victoria’s decision to boot the Dolphins out of the competition followed a multi-million dollar redevelopment of the Kars St social club.

Mr Hovenden said council was committed to ensuring its investment in Frankston Park was secured for the community to enjoy “now and into the future”.

“This includes allowing other users access to the facilities during the 2017 season and beyond,” he said.

Dandenong Southern Stingrays TAC Cup U18 team will make Frankston Park their home for the 2016/17 summer pre-season.


Last seen: 23 hours 8 min ago
Joined: 21/03/2004 - 00:00

A crowd of around 350 turned up for the Community day today. Not the greatest turnout.

Bearsman's picture
Last seen: 6 days 19 hours ago
Joined: 01/08/2014 - 20:20

Save the Frankston Dolphins VFL Club Fund not looking too good so far. It has been running for 24 days and only 10 people have donated so far, for a total of $500. The goal is to raise $500,000.00.

Of the $500 donated so far one donation was of $200 from an ex player.

Last seen: 2 days 9 hours ago
Joined: 11/04/2006 - 00:00

The promotion for it hasn't really kicked in yet, that will be a project over the coming months, but the odds of it raising $500K are very low, that's an unrealistic target. $50K would be an outstanding achievement and a big help to the club, but even that is on the boundaries of unrealistic for mine. 

Last seen: 1 year 7 months ago
Joined: 15/05/2004 - 00:00

Main issue for the Dolphins is how they win back a licence from a body that was keen to move them on. Frankston was basically out of administration by the time pre-season was due to start and yet they have to sit out the season and somehow try and keep things going for 12 months in preparation for 2018, even though AFL Vic have given no indication that it will be Frankston as we knew that will get the licence in the SouthEast.

For mine if 350 turn up to any off field event then it should be considered a good turnout, some clubs are lucky to get 350 to home games. Sadly I think it is going to take money to get the Dolphins back because it is going to take court action to win back the licence.

Bearsman's picture
Last seen: 6 days 19 hours ago
Joined: 01/08/2014 - 20:20

Sundays fund raiser got good coverage from Leader Newspapers.  New Board is elected on Dec 21. Wonder if Mr Dicker will come on board?