Community Benefit Statement
Name of approved Venue: FRECCIA AZZURRA CLUB
Address of approved venue: 784-796 SPRINGVALE ROAD KEYSBOROUGH VIC 3173
Venue operator: FRECCIA AZZURRA CLUB
Licence number: V9510040
Financial year ended 30 June 2025

CLASS OF CLAIM AND CATEGORY WITHIN CLASS Amount of revenue applied
CLASS A: Venue operators may claim up to 100 percent of revenue applied to a Class A purpose or activity.
Class A (a).  Donations, gifts and sponsorship (including cash, goods and services) to another person resident in Victoria, not including to the club itself, for the purpose or activities set out below.
(i) any educational purpose; $0
(ii) the provision of health services or care; $0
(iii) services for the prevention and treatment of problem gambling and drug and alcohol addictions; $0
(iv) housing assistance for disadvantaged persons; $0
(v) the relief of poverty; $0
(vi) the provision of services and assistance for the aged; $0
(vii) the provision of services and assistance for young people; $0
(viii) the protection and preservation of the environment; $0
(ix) the provision of assistance to relieve distress caused by natural or other disasters; $0
(x) the provision of advice, support and services to ex-service personnel, their carers and families; $0
(xi) any other philanthropic or benevolent purpose; $0
(xii) any sporting or recreational purpose, excluding any club that holds a venue operator’s licence. $1,935
Class A (b). The cost of providing and maintaining sporting facilities for use by club members. $38,400
Class A (c). The cost of any subsidy for the provision of goods and services but excluding alcohol. $56,200
Class A (d). Voluntary services provided by members and/or staff of the club to another person in the community, in fulfilment of Class A(a)(i)-(xii) above. $0
Class A (e). Advice, support and services provided by the RSL (Victorian Branch) to ex-service personnel, their carers and families. $0
CLASS A – TOTAL $96,535
CLASS B: Venue operators may claim an amount equal to the proportion of the club’s non-gaming revenue to its total revenue for Class B.
Non-Gaming Revenue proportion % 49.43
Class B (a). Capital expenditure. $0
Class B (b). Financing Costs (including principal and interest). $1,767
Class B (c). Retained earnings accumulated during the year. $0
Class B (d). The provision of buildings, plant or equipment over $10,000 per item excluding gaming equipment or the gaming machine area of the venue. $0
Class B (e). Operating costs. $891,580
CLASS B – TOTAL $893,347
CLASS C: Venue operators may claim up to 100 percent of revenue applied to a Class C purpose or activity.
Class C (a). The provision of responsible gambling measures and activities but excluding those required by law. $0
Class C (b). Reimbursement of expenses reasonably incurred by volunteers. $0
Class C (c). CBS preparation and auditing expenses to a maximum of $3,000. $0
CLASS C – TOTAL $0
CBS TOTAL (CLASS A + B + C) $989,882


I, Michelangelo Diamente, certify that:
1. The claims are consistent with the Ministerial Order made on 28 June 2012.
2. The following information is accurate for the financial year:
  a) The percentage (if any) of the venue’s gaming revenue applied to community purposes or activities under Classes A, B and C.
b) The value of any non-financial contribution to community purposes (e.g. voluntary work) by, or on behalf of the venue operator, expressed as a percentage of the venue’s revenue.
c) Any amount payable by a gaming operator under a declaration made by the VGCCC under section 3.6.8(4A) of the Gambling Regulation Act 2003 (the Act), expressed as a percentage of the venue's gaming revenue.
  The amount is
 
less than  
equal to  
greater than  X 
  8 1/3 per cent of the venue’s gaming revenue for that financial year, as the required by section 3.6.2 of the Act.
3. The CBS in relation to FRECCIA AZZURRA CLUB, has been audited by the suitably qualified person of Kevin Topliff of iaudit Suite Pty Ltd on 26/08/2025.
I confirm that an independent auditor’s statement dated 26/08/2025 has been received which states that, in the auditor’s opinion, this CBS presents fairly, in accordance with applicable Accounting Standards in Australia, and, is consistent with the auditor’s understanding of sections 3.6.9(2)(a) and (b) and section 3.6.9(3) of the Act, the FRECCIA AZZURRA CLUB,’s compliance with the Act for the financial year ended 30 June 2025.

Declaration to be completed by the venue operator
 X  I, Michelangelo Diamente, declare that:
1. The information contained in this CBS form is true and correct to the best of my knowledge.
2. I have retained all relevant documentation used in the preparation and auditing of this CBS.
3. I acknowledge that it is an offence to provide false or misleading information.

I understand that by typing my name below, I am deemed to have signed this CBS form.
Michelangelo Diamente, Chief Financial Officer/Nominee
Community Benefit Statement - Schedules
Class Details Amount
Class A (a). (xii)Donations / Gifts / Sponsorships$1,935
Class B (b).Interest on insurance premium funding via Arteva Funding$1,767
Class B (e).Administration expenses$65,942
Class B (e).Operational expenses$58,483
Class B (e).Repairs & Maintenance$31,832
Class B (e).Advertising & Promotion costs$2,835
Class B (e).Property expenses$89,922
Class B (e).Employment costs$642,567
Class A (b).Capitalised costs re. building permit for development of football pitch/stadium$25,873
Class A (b).Payment for hire of pool tables for tournament held by FAC Pool Club$4,800
Class A (b).Maintenance of soccer pitch$7,727
Class A (c). In-kind sponsorship - Mazenod Football Club - senior presentation event$11,191
Class A (c). In-kind sponsorship - Mazenod Football Club - junior presentation event$12,441
Class A (c). In-kind sponsorship - Mazenod Football Club - season launch event$2,909
Class A (c). Rent & gas subsidy for Juventus Academy coaches$29,659



 


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