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Thetford Golf Club

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Under new ownership!

Thetford Golf Club members have completed the purchase of the Club from the Crown Estate with contracts being exchanged on Tuesday September 19.

Club Manager Malcolm Grubb said: "It has taken a lot longer than expected but I am delighted that it has now gone through. We have been able to finance the purchase thanks to our own members taking out debentures and it may take another 10 years or so to complete the repayments but after that we will have no debts to pay.

"We have had quite an influx of new members lately, including a lot of Colt and Intermediate members, and they are likely to benefit more than anybody as they will eventually inherit one of the finest golf courses in East Anglia. 

"Removing the burden of a high rent means we can concentrate on the repayments while also re-investing in the Club and the course.

The Club's Trustees - Keith Eldred, Lawrie Izzard and Richard Goodenough - have served the Club for many years and their last act was to sign off the lease to complete the sales transaction. The Club now intends to become Incorporated and as Thetford Golf Club Limited there is no need for Trustees in the future.

Grubb said: "On behalf of the Club I would like to thank the three Trustees for their work over many years – senior Trustee Keith has been involved with the Club for more than 50 years."

Plans to celebrate the purchase of the Club had been put to one side until the final exchange and because of the delays it has been decided to wait until next year when Thetford will host a Festival of Golf. This will be held from June 16 to 24 and will involve a series of events on and off the course for members and visitors alike.

A highlight will be a sponsored ProAm on Thursday June 21 when there will be a big cash prize for the winning pro as well as many other prizes for the amateur players and ProAm and AmAm teams. This will be a great opportunity for the top players in the region to have a crack at the course records currently held by Paul Curry (Pro) with a 67 in 1999 and Mark Williamson’s amateur record of 66, set in 1995.

There will also be Open events for seniors, ladies and mixed pairs as well as competitions for members only.

A sub-committee has been formed to organise the week and full details will follow later in the year.

Now plans can go ahead to complete the transfer of the assets and liabilities of Thetford Golf Club to Thetford Golf Club Limited. Members will be required to sign up as members of TGC Limited and arrangements for this will be announced soon.

Anne McHarg, the Club's President, said: "We had some difficult times a few years ago so thank goodness for the recent improvements which will secure a fantastic facility for the town of Thetford and the East Anglian region. I am delighted that the future is bright for Thetford Golf Club."

The deal is done! Manager Malcolm Grubb shakes hands with Emma Robinson of Ashtons Legal after the exchange of contracts for the purchase of the Golf Club from the Crown Estate.

 


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