Last Thursday, members of the Save Swinton Park Golf Club campaign met potential £10million buyers of the Club, Your Housing.*
The campaign group has since confirmed that Your Housing hasn't signed a deal to buy the Club yet, only an option to buy which runs until November.
"They are keeping a close eye on the legal dispute we have with the investors" states the campaign "They have also said that if we can prove to the Council that the golf club is a viable business and there is no need for a change of use, they will also consider this when deciding whether to complete the deal. As this is highly relevant to whether planning permission would be granted in the long term.
"The former directors of 1996 Limited are meeting with the solicitors next week in relation to the continued legal dispute and an update will be provided after that meeting" it adds.
The Salford Star has seen the latest 'Profit and Loss' accounts from the Club, which shows a gross profit of £732,909 but a total net loss of £30,314 for the year ending March 2019.
However, the water rates more than doubled from the previous year, from £18,485 to £51,512; the Directors took £30,000 in fees even though, previously, they had taken nothing. Wages had mushroomed from £317,822 to £404,186; house/cleaning had jumped £12,000 to around £600 per week, and, basically, overheads had soared by over £200,000 in a year.
The accounts are being questioned by both Salford City Council and the Save Swinton Park Golf Club campaign. The viability of the Club is crucial because it could lead to a reason for change of use for the site which might allow houses to be built on the golf course.
The Salford Star contacted the Club for a comment on the accounts but it never responded.
* For a full background see previous Salford Star article – click here and click here
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