TonyK
CibbuanoDees raise $2m to fight debt
August 6th 2008 00:27
MELBOURNE has made a significant dent in its $5 million debt, raising more than $2 million at Tuesday night's 'Debt Demolition' function.
About 170 guests, 30 club legends and 22 players attended the function, with each guest having to pay $1,000 up front and make a donation of at least $5,000 on the night.
Many tipped in more than the minimum amount, with more than 50 people donating at least $10,000 each. Some donated between $15,000 and $100,000, with a staggering $200,000 donated by two supporters.
The Melbourne playing group contributed $10,000.
Melbourne president Jim Stynes said the function was an overwhelming success.
"The generosity in the room far exceeded expectations," Stynes said.
"The past players were sensational and it was great to see some of the old faces back here. It was a bit of a theatrical event and they had to get into the spirit of it.
"Garry Lyon spoke really well and fired them up at the start and [singer] David Hobson was terrific … it takes a lot to make something like this successful, but everyone kicked in, from the staff and the board, and they've all kicked on until the end."
Stynes also said there was still a long way to go.
"It is about being aware of the responsibility that we carry and at this time, more than any in our history, we need to be making the right decisions. There is the passion and business acumen in this room that brings this club together – and that's what we showed tonight," he said.
"It's a start. We're into the second quarter now of our debt demolition."
About 170 guests, 30 club legends and 22 players attended the function, with each guest having to pay $1,000 up front and make a donation of at least $5,000 on the night.
Many tipped in more than the minimum amount, with more than 50 people donating at least $10,000 each. Some donated between $15,000 and $100,000, with a staggering $200,000 donated by two supporters.
The Melbourne playing group contributed $10,000.
Melbourne president Jim Stynes said the function was an overwhelming success.
"The generosity in the room far exceeded expectations," Stynes said.
"The past players were sensational and it was great to see some of the old faces back here. It was a bit of a theatrical event and they had to get into the spirit of it.
"Garry Lyon spoke really well and fired them up at the start and [singer] David Hobson was terrific … it takes a lot to make something like this successful, but everyone kicked in, from the staff and the board, and they've all kicked on until the end."
Stynes also said there was still a long way to go.
"It is about being aware of the responsibility that we carry and at this time, more than any in our history, we need to be making the right decisions. There is the passion and business acumen in this room that brings this club together – and that's what we showed tonight," he said.
"It's a start. We're into the second quarter now of our debt demolition."
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