From the Frankston Standard Leader
Reported by Christian Tatman - Frankston Standard Leader
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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.