GWS Giants’ Toby Greene set to receive massive fine as club issues statement on ‘distressing’ allegations

The GWS Giants have issued a statement on the ‘distressing’ Wacky Wednesday scandal after it emerged captain Toby Greene is among the players set to be punished.

7NEWS Melbourne’s Mitch Cleary first broke the news on Tuesday that a host of players were facing fines and AFL match sanctions for their part in a dress-ups skit gone wrong.

WATCH THE VIDEO ABOVE: New details emerge in GWS Giants’ Wacky Wednesday saga.

The investigation is focused on the skits, which featured a blow-up doll and elements of nudity as part of a ‘celebrity couples’ theme.

Two costumes made reference to ex-NRL player Jarryd Hayne, who spent time in jail before being cleared of rape in court, and Australian basketball star Josh Giddey, who was cleared of inappropriate behaviour by the NBA.

Greene is not being sanctioned for his costume — he dressed as Olympic breakdancer Raygun — but instead for his lack of leadership on the day in not stepping in to address his teammates’ unsavoury behaviour.

At least half a dozen Giants players are being investigated, Cleary reported on Wednesday night, adding that it is understood there is CCTV from the venue.

It is expected some players are going to receive match suspensions with financial penalties handed down to others.

Players have until 10am on Thursday to respond to the AFL as part of negotiations surrounding their sanctions.

GWS issued a new statement on Wednesday night.

“The Giants confirmed yesterday the club is aware of allegations of inappropriate behaviour at the players’ end-of-season event last month,” the club said.

“The club is taking the matter very seriously and acted swiftly upon the receipt of the concerns. All parties have co-operated fully with the AFL to ensure the allegations are fully investigated.

“Some of the allegations are distressing and entirely contrary to the club’s values and policies.

“There is also a level of misinformation and rumour being circulated, which is entirely inappropriate, particularly while the investigation is ongoing.

“The club will comment further once the outcomes of the investigation are finalised.”

There were no victims from the public but the AFL and the club had become aware of some disturbing activities after an anonymous tip-off.

Given the players were in a private room, it is suspected that tip-off came from a person working behind the bar.

Some players were overseas when they learned about the issue.