Read the Deed of Arrangement (reproduced in full on the Fitzroy board) check with ASIC and look at what Associate Justice Nemeer Mukhtar had to say about the merger in 2009 when Fitzroy and Brisbane took the matter to the Supreme Court of Victoria.
I'm also a shareholder of the Fitzroy Football Club and have been since 1986. I'm still a shareholder of the very same club. I'm not a shareholder of the Brisbane Lions.
Fitzroy lost their AFL licence in 1996 and Brisbane Bears rebranded. The Brisbane Lions were formed in 1987.
The Deed of Arrangement states that:
b) on or before the Merger Date, Fitzroy will transfer to Brisbane Bears all tangible and intangible assets associated with its Club Operations (including all memorabilia) and pay to Brisbane Bears all available moneys by repayment of the Loan advances made under clauses 4.2(b) and 4.2 (d).
One would assume that the tangible assets to include premiership cups and the intangible assets to include the right to claim goodwill and ownership of the history of the Fitzroy Football Club?
If Fitzroy Football Club wanted to apply for an AFL licence what would the official name be and could they claim ownership of their pre-1997 history?