‘Tried to build the Taj Mahal with budget for a granny flat’: Demons’ Caulfield deadline revealed
The Melbourne Football Club has been given a 60-day deadline to secure funding for its proposed $100 million training and administration facility at Caulfield Racecourse, or risk losing the site to alternative tenants. The Caulfield Racecourse Reserve Trust has expressed concerns that the club's financial commitments fall far short of the project's ambitious scope. The deadline follows the sudden dismissal of Melbourne's CEO Paul Guerra, who was seen as instrumental in advancing the development plans.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.