Coach: John Northey
Captain: Garry Lyon
Finishing Position: 11th
Best and Fairest: Glenn Lovett
Leading Goalkicker: Allen Jakovich (40)
Best First Year Player: Chris Sullivan
Sponsor: Snowy Mountain Spring Water
|Matches||Ladder||Playing List||Best and Fairest||Reserves|
After their five straight finals appearance the club started the year with a new President in Ian Ridley, but also with $600,000 of unpaid bills after a combined million dollar deficit across the previous two seasons.
Senior coach John Northey began pre-season with a five day camp at HMAS Cerberus in Crib Point, but the Demons' start to the year was interrupted by the Cricket World Cup which kept them off the MCG until Round 2, and district cricket finals at the Junction Oval that forced them into a third choice training ground in a St Kilda park. Recovering stars Garry Lyon and Jim Stynes were forbidden from training because it was feared they would injure themselves again on a pothole.
Their inability to use the Junction Oval was especially galling considering it had been reported that the club were considering developing the ground as a training and social club base. Their pre-season had been poor in most ways, losing four of five practice matches and their first round Fosters Cup game, but after a Round 1 bye the Demons thumped Geelong in Round 2.
After that bright start they failed to win again until Round 10, throwing away an eight goal lead in the last quarter against Essendon and drawing with the unfancied Swans. They used 41 players for the season, the most in any year since 1987.
In August the Sunday Herald-Sun reported that Melbourne and Richmond officials had been engaged in high level talks regarding a merger. Both clubs denied the story. Former player Gerard Healy was forced to retract the story and issue an apology following the involvement of Richmond's solicitors. In December the Demons would also deny that they were involved in talks with Fitzroy about a merger.
Despite eventually winning seven games the Demons were six and a half wins out of the top six, and after five straight years of finals John Northey resigned as coach to sign with Richmond the same day. Melbourne had announced that Northey's job was under review, and at the same time Allan Jeans was retiring at the Tigers, so when he was offered the certainty of a guaranteed job in 1993 he took it. It was revealed that Melbourne officials were going to compile a shortlist, including Northey, and vote on it to decide who would coach the side in '93.
The club lost $463,188 for the season, but in December they rejected any suggestion of a merger with the even more financially strapped Fitzroy. President Ian Ridley said: "The Melbourne Football Club is the oldest football club in Australia and will never compromise and lose its identity." At the end of the season members voted on a proposal to cut the board from 12 to eight, with six positions voted for by MCC Members to be abolished. There was also a proposal to allow the club to hold a gaming and liquor licence to allow them open a licensed venue.
Melbourne's reserves lost their third straight grand final. With the Under 19's abolished the Reserves took on the name "Victorian State Football League" despite fielding exactly the same sides that it had the year before and still including both Brisbane and Sydney.
|Round 10||Rod Keogh||Striking||2 matches|
|Round 11||Rod Grinter||Striking||6 matches|
|Round 13||Graeme Yeats||Striking||3 matches|
|Round 19||Haydn Robins||Striking||1 match|
|Round 22||Darren Bennett||Charging||Not Guilty|
Age - 29/09/1992
Canberra Times - 19/12/1992