LESS than a year after forming a new entity after the collapse into liquidation of the old one, the Hastings Club has again been placed into liquidation. The collapse of the club follows its closure on 30 October last year due to a water leak under the floor; an issue that is still unresolved and has left the club unable to trade and continuing to accumulate costs. An information meeting of members was held on 11 March, outlining the difficult pathway forward for the club. And at a Special General Meeting held last Tuesday (25 March), the 64 members in…
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LESS than a year after forming a new entity after the collapse into liquidation of the old one, the Hastings Club again faces an uncertain future with a letter out to members outlining a dire situation.Frantic efforts behind the scenes to get the club open after closing due to a water leak have been met with delay and “lip service from the shire”, according to the chairman of the club David Gibbs. “This isn’t just a ‘Hastings Club’ problem, this is a Hastings problem,” said Gibbs. “Take a look around. The pool was closed all summer, so was the gym.…
IT WILL be a matter of short-term pain for long-term gain if the committee of the Hastings Cricket and Football Social Club recommendation succeeds in placing the organisation into a voluntary creditors wind-up at a special general meeting next month.The committee has spent months trying to find a pathway forward from a dire financial situation caused by the venue’s gaming machines, but now believes the wind-up is the only way out. Declining use of the machines coupled with soaring government charges and taxes on gaming have changed the profits from the machines into losses, with attempts to negotiate with the…