Major win for Richmond Football Club ahead of Grand Final
As it hunts for its second premiership in three years, the Richmond Football Club has secured a big victory in the Supreme Court, which could see the club go from strength to strength.
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The Richmond Football club has chalked up a big win just days out from the Grand Final in what could be a lucky omen ahead of a hopeful 12th premiership.
The club today won a Supreme Court appeal in a dispute with the landlord of its eastern suburbs pokies venue the Wantirna Club.
The win has saved it shelling out more than $100,000 in land tax and prevented a four per cent price hike on its current $950,000 a year rent.
Landlord Verraty Pty Ltd took Richmond to the Victorian Civil and Administrative Tribunal in June claiming the land tax payments and rent increase.
Verraty’s owner is Mario Abbotto, a Tigers fan and patron of the club’s Jack Dyer Foundation.
The tribunal ruled in Verraty’s favour sparking a Supreme Court appeal.
The dispute centred around a 1998 lease between Verraty and Richmond that was varied in 2004, and last year extended for another 10 years.
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It is not the first time the Verraty and Richmond have faced off in court.
In 2011 Richmond took Verraty to VCAT after a dispute arising from the renegotiation of the lease.
The tribunal ordered Verraty to repay the Tigers $125,000 in land taxes that the club had mistakenly paid over several years.
The club argued it was not liable to pay the taxes and rates when it renegotiated the lease on the Wantirna Club in 2004, but hadn’t realised it.
Originally published as Major win for Richmond Football Club ahead of Grand Final
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