CLUB NEWS
Club News 2021 Subscription Fee Discount All members who renew their membership for 2021 will receive a 10% discount on their 2021 annual fee. The Chairman, Ben Cussons, said in an email to members: “Throughout the crisis, I have been heartened by the messages of support I have received from many members, including some generously offering an additional financial contribution. As a Club and a mutual organisation, we are in a stronger position than commercial organisations, in that you have shown true understanding of what is required to support our Club through thick and thin. “I have always held the view that this is one of the most compelling features of the Club; that we are a members’ club, owned by and managed by members for members, rather than for the benefit
of external shareholders. In good times, members reap the rewards of membership with the Club’s outstanding range of facilities and quality of services, improving year-on-year with surpluses being reinvested in the Club. In lean times, members have always taken shared responsibility to help the Club recover. “As I was pleased to announce at the AGM, the Board has decided that, as a result of swift and decisive actions and prudent cost control, we are now in a position to provide all members with a 10% discount off next year’s subscription fees in order to encourage you to renew your membership. To put this into perspective, this measure could reduce our membership revenue by up to £3m in 2021, but our judgement is that, having taken account of the future financial risks, this is affordable and the right thing to do – to thank you for your fortitude and loyalty in these challenging times.”
Membership Renewal This winter, you will once again be able to renew your membership online. By the end of November all members for whom we have an email address will receive their invitation to renew in an email and the pro forma invoice will be attached. Further reminders to look out for your renewal email will be provided nearer the time, but for now please go to the ‘My Account’ area of the Club website and check that we have an up-to-date email address for you and that your Direct Debit details are correct. Members who have asked for paper monthly statements or who have not registered an email address with the Club will receive their renewal notice by post.
The Club Sale
Tuesday 5 January Save the date now for the next Club Sale, offering members the chance to book overnight stays at discounted rates. Further details to follow.
VAT Reduction Members can continue to enjoy lower prices in the Club’s restaurants thanks to the reduction of certain VAT rates from 20 per cent to 5 per cent. This saving is being reflected in full in the Club’s prices. The Government has announced that the temporary reduction will last until at least 31 March 2021. PELL- MELL & WOODCOTE
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