Long-standing members offered £100,000 to end club's lease
Members of Wimbledon Park Golf Club have reportedly been offered up to £100,00 each from the All England Lawn Tennis Club to let them expand onto their ground.
The golfers are said to have been offered £50m to end their lease imminently rather than letting it run until the 2041 expiry date.
The AELTC's offer would have meant golfers with at least 10 years' membership would have shared the lump sum - entitling each a payout of up to £100,000.
A vote two years ago amongst the 800 members of the 119-year-old club in Home Park Road resulted in the committee rejecting the offer.
The AELTC bought the freehold of the golf course from Merton Council for £5.2m in 1993 and the club bought in a rule that new members would have to wait ten years before becoming eligible for any payout from the tennis club.
The land would allow the AELTC to build new grass courts so qualifying rounds now taking place at Roehampton could take place in Wimbledon. It would also allow an increase in the daily capacity of 40,000 spectators.
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April 19, 2018