At the end of the 2000 season, when the club was demoted to D3 (or F) section, the club established a key goal that it would reach C-Section by 2005 and A-Section by the end of the decade.
These goals were re-affirmed at the end of 2001, along with a mission statement of “Celebrating community football in the heart of Fitzroy” and a number of Values and Characteristics which sustain the club in its proposed rise through the grades of the VAFA.
The club has forged strong links with the local community through the Fitzroy Junior Football Club, Edinburgh Cricket Club, the City of Yarra and other community organizations, establishing itself as one of the most successful ‘district' VAFA clubs and with a very high profile. Since 1998, it has also established an ongoing association with the Fitzroy Football Club which provides significant financial backing to the club through its major sponsorship. A strong association has also been established with the Brisbane Lions AFC.
An under 19 team was also established in 2002, which is a vital initiative for the future survival of the club, a requirement for existence in higher sections and a crucial link between the club and the Fitzroy Junior Football Club, a key feeder for the Reds.
The club has grown rapidly in five years between 2001 and 2006 and achieved the first goal of C-Section by 2005. The club has managed five premierships, three runners up and numerous finals appearances in that period. However the club has recorded significant operating losses in recent years, with costs increasing substantially due to higher grades, larger number of teams including an under 19 team and increasing professionalism. Revenue has also increased but has not grown sufficiently to offset these cost increases. The club has no financial reserves and is unable to invest in the future or create a strong financial base to establish the club in the upper grades of the VAFA.
In 2007, the club has a new executive, new senior and reserve coaching staff (led by Old Redder Steve Maus) and many new players, following the retirement of several key players and movement of a number of players interstate or overseas. This has injected fresh ideas and enthusiasm into the club.
The new executive has put a vigorous social calendar in place, renewed efforts in sponsorship and is devising improved systems for financial management. Significant savings have been identified in the 2007 football operating budget. |