"The first two signings we made were John van't Schip (coach) and John Didulica (then head of football operations and subsequently - until recently - the head of the players union PFA).
"We were operating out of Adriatic Furniture offices in Richmond,"he says with a laugh.
(Adriatic furniture was the business of one of Heart's investors,Michael Catalano).
It was a world away from what Heart would become when it was bought by the City Football Group,the club now poised to land it's first A-League title if it can beat Sydney on Sunday.
"Looking back now it was an amazing time and those at the club will never forget but It certainly wasn't glamorous.
"We were based at Latrobe University from the start,but in a heavy winter it would flood and we had to find somewhere else (Epping) to train. It's a long way from then to now."
Munn is now working for the City Football Group running their operations in China and he acknowledges that while Heart had always behaved in a financially responsible fashion it would look nothing like it does now without the takeover by the City Football Group in 2013.