Acquisition of Bishopswood Golf Course

I would like to thank all those members who attending the recent meeting, and those that have since responded.

I would advise the membership that the pledges received falls well short of the asking price, and therefore we have advised Savills that we will not be making an offer to buy the course.

The Club Committee, will now on your behalf look to negotiate with the successful purchaser to ensure the longevity of the Golf Club.

I would again like to thank those members of the working group and others with whom dialogue has been made for their efforts, which unfortunately were in vain.

Kevin Fleet
Club President.
24th October 2008

All members are invited to a meeting at Bishopswood Golf Club in the Restaurant on Tuesday 14th October at 19:45 hours to discuss the Club’s options in purchasing the course.

We know the asking price is £795,000 and with VAT and other expenditure the sum of £1,000,000 needs to be accumulated.

The objectives of the meeting will be to gauge the intentions of the membership as a whole to proceeding towards an offer of purchase.

This is dependant on us raising sufficient monies, and the options for this and potential benefits etc will be outlined.

If you are unable to attend but wish to be a part of the ownership of the new Club/Course please let one of the following know: -

Dave Bridge, Kevin Fleet, Matthew Heath & Martin Smith

Kevin Fleet
Club President
26th September 2008

Notice to Members

Further to my first communication, this is a short note to update the membership on the sale of Bishopswood Golf Course.

Last Friday 12th September the initial sales brochure was released by Savills, the agents acting for the sale. This provided details of the business for sale, plus a brief summary of the trading performance in the last three years.

They advised that more detailed figures were available to seriously interested parties, subject to the signing of a confidentiality agreement.

I am pleased to advise that the Club are proceeding as required to obtain this further information, thereby enabling us to fully understand the income and expenditure and the viability in securing a purchase from the owners.

We are informed by Savills that this further information will be available within the next fortnight.

Kevin Fleet
Club President
16th September 2008

Notice to Members

There are many rumours flying around regarding the sale of Bishopswood Golf Course, what is fact is that your Committee is already exploring the options to undertake the purchase on behalf of the membership.

A small working party has been established by the Committee, using the experience of our membership, in areas deemed appropriate to explore our options.

The group have already registered the Club’s intentions, with the agents conducting the sale and we now await the sellers’ pack. This is not expected to be available until mid September.

Further updates will be issued by the Committee to ensure the membership is informed as they develop.

Kevin Fleet
Club President
21st August 2008

As part of the initiative proposed by the English Golf Union, we have included a number of ‘9 Hole Stableford’ competitions during the summer months. Starting in May through to September – 5 in total.

These competitions are:

Handicap Qualifying Competitions.
     Only players in Handicap Categories 2, 3, 4, and 5, may return cards for Handicap purposes.
     A Category 1 player may participate, but will have no adjustment to handicap.
Played in STABLEFORD format.
Over 9 Holes only. 
     They cannot make up part of an 18 Hole qualifying competition.
Tees.		Gents  =  White		Ladies  =  Red
A 9 HOLE COMPETITION HANDICAP must be used.
     Refer to the table for Shot Allocation.
18 POINTS should be added to each players 9 Hole Score to obtain a
     TOTAL QUALIFYING score, submitted for handicap purposes.

Hole No.	1	2	3	4	5	6	7	8	9
SI	7	2	5	1	9	6	3	8	4

The Competition For EACH monthly competition, Prizes will be awarded to overall winners of each Division A, B, C.

An OVERALL prize will be awarded to the player, with the highest total score from their BEST 3 submitted CARDS out of the possible 5.

Countback rules will apply.

For background details from the English Golf Union