Bewl Valley

Originally posted by BarnsieB14768

Originally posted by BarnsieB14768

Wentworth, Marcus Caring must be wondering what he has done selling to Thai Chinese buyers for £135,000,000. Each member has till 2017 to come up with a £100,000 debenture, which they have not clarified whether it will be repaid or interest rate exc. Failure to pay with make membership thereafter nil and void. One way of making a quick profit and covering the cost of the purchase.So it looks like they will clear out most of the long standing members and open it up to the non domiciled super rich. Papers quoted that only around 670 of the several thousand members would be able to afford it. Prior to this annual fees were £8,000. So the club will lose identity and the area will be worse for it. Globalisation is not always a good thing 

Annual fee were a mere £8,000? Just to play golf? is there a pensioner discount? If I do two work parties (hiding in the bushes avoiding the eye of the Commodore) for which we get discount, less my pensioners discount then my fees are £100 per year. I think we have scrapped the joining fee, "debenture"? But we do have a £20 key deposit.

I wonder if it would make me any happier to be able to afford £125,000? To play golf? I doubt it somehow.