Melbourne Victory

Information about Melbourne Victory

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Following the demise of the National Soccer League, Australia's first national soccer first tier competition, Melbourne Victory Football Club was unveiled as Melbourne's representative of the newly established A-League, along with seven other foundation clubs on 1 November 2004. Established as an unlisted public company, inaurgual chairman Geoff Lord of Belgravia Leisure Pty Ltd was the largest financial backer of the club with support from other Melbourne-based business men consisting of Ron Peck, John Harris, future chief executive officer Richard Wilson, and future chairman Anthony Di Pietro. Despite a diverse range of owners of different industry backgrounds, the consortium managed to raise only $4. 5 million of the $5 million budget minimum set by Football Federation Australia, thus resulting in the federation depositing the needed $500’000 to obtain the license with the condition of imposing one board member performing duties in the best interests of the federation to ensure return on investment.