Dear Members,
RE: FINANCIAL POSITION MEETING – MEMBER ATTENDANCE REQUIRED
As you may be aware from recent media reports the Club is currently facing a serious financial situation and is currently working through various options to solidify its position with its creditors and the WAFC. Based on discussions with the board of the WAFC and independent finance professionals, the Club is now at a point where it has decided a course of action to address its financial position and allow it to emerge as a long term, viable business.