Nelson Suburban Club members have been called to an extraordinary meeting on Thursday July 31 to discuss options for the club's survival.
The sale of the club's premises on Tahunanui Drive is one of three options to be put to them but president Jim Reeves today described it as the least preferred.
The club has loans of around $2.7 million, which he said were mostly from renovations some years ago.
The agenda for Thursday's meeting proposes that members assist with the repayment of loans.
The three options which will be presented to them are a proposed levy of $100 plus GST per member annually for five consecutive years; a compulsory entrance fee/donation at reception for everyone on each visit to the club; and the sale of club premises and/or possible relocation to a leased premises.
"It's a matter of survival," said Reeves.
The club had about 5000 members and they were supportive, he said.
The club was trading well, and feedback he had was that they did not want the club to move, he said.
If it did, it would be to downsize in premises, he said.
He acknowledged the user-pays option could have the effect of deterring visits to the club.
The building levy fee could raise a significant sum, he said. "Personally, I just want the club to survive," he said.
Last year the club sought financial help from members in paying off a $300,000 debt, and the club's bank, ANZ, requested a review of its finances.
Reeves said today the bank was supportive.
"It's OK, we are getting there."
- The Nelson Mail
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