Club land sales – the short term fix that costs clubs millions

In most cases land earmarked for sale by clubs is more valuable for its contribution to the development potential of the main club site than the value received when the land is sold separately. We recently advised a club that had sold land a few years ago to stave off financial pressure. By the time we met the board nearly $2 … Read more "Club land sales – the short term fix that costs clubs millions"

It’s possible! A low risk path to a new club, cash in the bank and diversified revenue

Walking into their brand new club for the first time is a great experience for the club’s members. Doing it knowing there is ample cash in the bank supported by diversified revenue streams is even better. But what strategy could your club adopt to achieve that without taking huge risks? We’ll get to the answer in a moment … Read more "It’s possible! A low risk path to a new club, cash in the bank and diversified revenue"

Club property development: maximise rewards and minimise risk

Many clubs these days find themselves in difficult circumstances with financial problems, declining membership and ageing premises. When a developer approaches a club in this position it can seem like a good way out of a bad situation. Unfortunately, this often isn’t the case. At worst, some clubs have failed because they h … Read more "Club property development: maximise rewards and minimise risk"