In recent days, there have have been a number of negative comments about the re-development of Skilled Stadium and Kardinia Park in Geelong, a proposed joint venture between the Victorian State Government, the City of Greater Geelong, the AFL and the Geelong Football Club.
Hereunder is a letter from the Geelong Football Club's chief executive in response to some of those comments.
STADIUM REVAMP FOR BENEFIT OF WHOLE COMMUNITY
There have been suggestions in recent days that the City of Greater Geelong's contribution to the re-development of Skilled Stadium and Kardinia Park is a cash hand-out of $6 million to the Geelong Football Club.
Nothing could be further from reality. The new stadium facility, which if it proceeds will be funded by the State Government, the AFL and this club as well as the COGG, will be one for the whole community.
It will contain facilities to be used by all the people of Geelong, not just footballers.
There will be a 700 seat banquet and conference facility so that the people of Geelong don't have to travel to Melbourne for major functions.
There will be a Sports House to contain the administrative homes of possibly 40 local sporting bodies.
There will be an elite gym for use by athletes from a wide range of sports.
The development will ensure the whole Kardinia Park precinct remains a premier recreational area for the people of Geelong, something first envisaged for the area as far back as 1872 when the then Commissioner for Crown Lands proclaimed abour 60 acres of Chilwell Flat for public park purposes.
The Geelong Football Club is a relatively recent addition to the list of tenants of Kardinia Park, but we are a tenant that takes seriously the role of maintaining this area in the best interests of the city and the region we so proudly represent.
Research shows our city and region benefits greatly from the presence of our football club here. Each home game at Skilled Stadium is worth around $1.4 million to the local economy. At the moment that's about $12 million a year. Additionally, our club and its employees, including the footballers, spend a considerable amount of money with local businesses, regardless of whether those business-people barrack for the club.
We want to see Geelong continue to play as many home games as possible at Skilled Stadium. However, this won't happen if the stadium is not up to the standards of not just the AFL, but basic health and safety regulations.
At the moment, we are spending $1 million a year on maintenance while at the same time, the stadium continues to deteriorate.
As a club, we have worked hard to see this development proceed, but we have done that in partnership with a wide range of community groups and over a long period of time. The re-development was first mooted in 1999, when we put together our Stand Up and Fight Campaign.
The Geelong Football Club is proud of its place in the history of this town, the Bellarine Peninsula and the Western Districts. Over the past three to four years, the current administration has worked feverishly to ensure this club continues to exist in the AFL.
We have demonstrated enormous fiscal reponsibility. This year we will make a small profit of $307,000. This is the third year in a row we have announced a small profit while at the same reducing our debt from around $8 million to $1.9 million. Next March, that debt will come down another $600,000 when we make a further repayment to the Bengido Bank.
The current board members under Frank Costa now have a proven track record as prudent financial managers.
Under Frank Costa, the club also has a keen awareness of the responsibility to work with the broader community.
The re-development of Kardinia Park is part of that. We want this area to remain as a prime recreational place for the people of Geelong for at least another 130 years. That's why we are contributing our own funds to the re-development.
After proper analysis of the development, the State Government, the State Opposition and the AFL have also confirmed their determination to see it go ahead.
If the City of Greater Geelong decides to join in this partnership, your readers - regardless of for whom they barrack in the AFL - can be assured the funds will be used to provide them with a facility they can not only be proud of, but make regular use of, while at the same time guaranteeing a large financial return to the region.
Research suggests the financial return from the re-development will be around $100 million over the next 10 years. So any commitment to the up-grading of Kardinia Park/Skilled Stadium would seem more a case of sound investment in the future of Geelong than giving anyone a hand-out.
Brian Cook
Chief Executive Officer
GEELONG FOOTBALL CLUB
Hereunder is a letter from the Geelong Football Club's chief executive in response to some of those comments.
STADIUM REVAMP FOR BENEFIT OF WHOLE COMMUNITY
There have been suggestions in recent days that the City of Greater Geelong's contribution to the re-development of Skilled Stadium and Kardinia Park is a cash hand-out of $6 million to the Geelong Football Club.
Nothing could be further from reality. The new stadium facility, which if it proceeds will be funded by the State Government, the AFL and this club as well as the COGG, will be one for the whole community.
It will contain facilities to be used by all the people of Geelong, not just footballers.
There will be a 700 seat banquet and conference facility so that the people of Geelong don't have to travel to Melbourne for major functions.
There will be a Sports House to contain the administrative homes of possibly 40 local sporting bodies.
There will be an elite gym for use by athletes from a wide range of sports.
The development will ensure the whole Kardinia Park precinct remains a premier recreational area for the people of Geelong, something first envisaged for the area as far back as 1872 when the then Commissioner for Crown Lands proclaimed abour 60 acres of Chilwell Flat for public park purposes.
The Geelong Football Club is a relatively recent addition to the list of tenants of Kardinia Park, but we are a tenant that takes seriously the role of maintaining this area in the best interests of the city and the region we so proudly represent.
Research shows our city and region benefits greatly from the presence of our football club here. Each home game at Skilled Stadium is worth around $1.4 million to the local economy. At the moment that's about $12 million a year. Additionally, our club and its employees, including the footballers, spend a considerable amount of money with local businesses, regardless of whether those business-people barrack for the club.
We want to see Geelong continue to play as many home games as possible at Skilled Stadium. However, this won't happen if the stadium is not up to the standards of not just the AFL, but basic health and safety regulations.
At the moment, we are spending $1 million a year on maintenance while at the same time, the stadium continues to deteriorate.
As a club, we have worked hard to see this development proceed, but we have done that in partnership with a wide range of community groups and over a long period of time. The re-development was first mooted in 1999, when we put together our Stand Up and Fight Campaign.
The Geelong Football Club is proud of its place in the history of this town, the Bellarine Peninsula and the Western Districts. Over the past three to four years, the current administration has worked feverishly to ensure this club continues to exist in the AFL.
We have demonstrated enormous fiscal reponsibility. This year we will make a small profit of $307,000. This is the third year in a row we have announced a small profit while at the same reducing our debt from around $8 million to $1.9 million. Next March, that debt will come down another $600,000 when we make a further repayment to the Bengido Bank.
The current board members under Frank Costa now have a proven track record as prudent financial managers.
Under Frank Costa, the club also has a keen awareness of the responsibility to work with the broader community.
The re-development of Kardinia Park is part of that. We want this area to remain as a prime recreational place for the people of Geelong for at least another 130 years. That's why we are contributing our own funds to the re-development.
After proper analysis of the development, the State Government, the State Opposition and the AFL have also confirmed their determination to see it go ahead.
If the City of Greater Geelong decides to join in this partnership, your readers - regardless of for whom they barrack in the AFL - can be assured the funds will be used to provide them with a facility they can not only be proud of, but make regular use of, while at the same time guaranteeing a large financial return to the region.
Research suggests the financial return from the re-development will be around $100 million over the next 10 years. So any commitment to the up-grading of Kardinia Park/Skilled Stadium would seem more a case of sound investment in the future of Geelong than giving anyone a hand-out.
Brian Cook
Chief Executive Officer
GEELONG FOOTBALL CLUB