Dees demolishing debt
July 31st 2008 00:24
MELBOURNE is well on its way to wiping off $5 million in debt, gaining pledges from supporters worth more than $1 million.
Already 140 backers have promised the minimum outlay of $6000 to attend next Tuesday night's "Debt Demolition" dinner, with further donations expected on the night.
The club is now searching for another 10 donors to complete a "150 Foundation Heroes" list.
Melbourne president Jim Stynes said it was a good start but admitted there is still a long way to go.
"This is like the first quarter," Stynes said.
"But this is a great start."
Stynes didn't give away too many details about the night, but ensured it would be memorable for those who will attend.
"It's going to be fairly theatrical," Stynes said.
"An unusual night. A memorable one. They won't forget this one for a long time."
He did reveal that a highlight will be footage of coach Dean Bailey's pre-match address in this year's 150th birthday clash with Collingwood.
The dinner will cost $1,000 a ticket, with guests expected to donate a minimum of $5,000.
The list of "150 Foundation Heroes" will forever hang next to the Demons' recent list of their all-time top 150 players.
The Demons will also hold a lower-priced event next month for people who want to help but can't afford to attend Tuesday's dinner.
"We will cater for those who want to contribute, say, $500-plus," Stynes said.
"After Tuesday night, we need the balance of the members to come forward and help us with the rest."

Already 140 backers have promised the minimum outlay of $6000 to attend next Tuesday night's "Debt Demolition" dinner, with further donations expected on the night.
The club is now searching for another 10 donors to complete a "150 Foundation Heroes" list.
Melbourne president Jim Stynes said it was a good start but admitted there is still a long way to go.
"This is like the first quarter," Stynes said.
"But this is a great start."
Stynes didn't give away too many details about the night, but ensured it would be memorable for those who will attend.
"It's going to be fairly theatrical," Stynes said.
"An unusual night. A memorable one. They won't forget this one for a long time."
He did reveal that a highlight will be footage of coach Dean Bailey's pre-match address in this year's 150th birthday clash with Collingwood.
The dinner will cost $1,000 a ticket, with guests expected to donate a minimum of $5,000.
The list of "150 Foundation Heroes" will forever hang next to the Demons' recent list of their all-time top 150 players.
The Demons will also hold a lower-priced event next month for people who want to help but can't afford to attend Tuesday's dinner.
"We will cater for those who want to contribute, say, $500-plus," Stynes said.
"After Tuesday night, we need the balance of the members to come forward and help us with the rest."

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