Board Resignation  

The Board advises that Vice Chairman Matt Stedman has resigned from the Board. 

As of Wednesday 23rd of February Sergio Petrillo has assumed the role. 

The Board will look to fill the vacant position in due course. 

Membership Corpus - Club Update   

Dear Members, 

We are just over halfway through our financial year, a year that has proven to be a real challenge. 

Unlike so many other hospitality venues within the industry, our Club was lucky to have a sport so in demand during this time. That being said, our Club trade has suffered through Covid lockdown's and the ongoing restrictions imposed by the NSW Government in response to the Omicron Variant. 

At the commencement of this financial year, the Board was well aware that cashflow would be tight and to this end, the Board requested access to a loan from the invested Corpus Funds at the Clubs last AGM. This was similar to how the Club dealt with the negative cashflow in the 2020-2021 year, unfortunately this resolution was voted down. 

The Clubs Cashflow issues as outlined at the AGM in October have arrived. The Board have worked tirelessly over the last three months to source another avenue of funds to address this cashflow deficit and have managed to secure a bank overdraft with the Commonwealth Bank of Australia. 

Transparency 

While the Club has secured an overdraft facility, there are some minor administration issues to overcome. The main issue is the release of security from ANZ merchant facilities, this is not complex but subject to time. 

Due to the timing of the overdraft and the success of the invested corpus funds, the Club Board has engaged the Club Accountant and Club Solicitor to ascertain the value of the surplus corpus funds as at the end of the December quarter 2021 ($227,069). 

The Board will as per the Clubs constitution 13B(v), apply these surplus funds towards the general purposes of the Club. 

Please note that not all of the surplus funds will be used as operational cashflow. Over 35% or $80k of the funds will be immediately used to pay our course consultant and to increase our greens area machinery fleet. 

The Board will continue to function the business of the Club and keep you all informed as the year progresses. 

On behalf of the Board

Strathfield Golf Club 

5% Off Members Offer 

From the 1st of February, Members have been able to get a 5% discount at all food outlets at the club by having their Membership swiped at the Register of either the Café, Bistro or Halfway House.  

STRATHFIELD GOLF CLUB 

WEEKEND BISTRO SPECIALS

Major Pennants

Hello All Members, 

The Pennants team ventured to East Lakes last Sunday and left with our tail between our legs, the wrong side of a 6/1 result. 

Mike kept his unbeaten seasons going with a 4/2 win. 

While the result was not good we can still salvage our season by winning our last two matches.  

We host Camden on Sunday at 7:00am 

Hope to see you there, 

Steve Ring 

Club Captain

Members Fixture Book 2022

The Members fixture book will not be physically printed this year. 

For all fixture information log into the members portal online. 

There is now a compulsory call up on the 13th if the 14th tee is clear. The Green staff will erect a screen behind and right of the green for players safety.

Take part in our club meat tray raffles for the chance to take home a premium meat tray. 

We will be holding raffles every Friday evening.

Tickets on sale from 5:00pm
Draw commences at 6:30pm

Raffles are open to both members and visitors. Tickets can be purchased at the bar;

1 sheet (6 number) for $5
3 sheets (18 numbers) for $10
7 sheets (42 numbers) for $20