THE global financial crisis has claimed another victim in Moura, with the Moura Memorial Club set to fold.
Following on from job cuts at Dawson Mine earlier in the year, the club shut its doors on September 4, due to declining revenue.
Club president Des Whatman said the club was not making ends meet and had been losing about $1000 per week.
“We couldn't keep going at that rate,” Mr Whatman said.
“We have good days and bad days but we've had too many bad days
“It's a sad day for me,” he said.
Mr Whatman, a foundation member of the club that started 35 years ago, said the committee had sought advice on the club's financial position and had been advised to close the doors.
A special meeting will be held at the club on Saturday at 10am with members to vote for the club being wound up. Liquidators Andrew Fielding and David Whyte will be appointed.
Mr Whatman, a former president who has been back in the top job for 12 months, seemed despondent about the club's future.
“I don't know if anything can be done,” he said.
“We talked to the liquidators and we tried every option to keep it open.”
He appeared to be hold a slither of hope the club might be saved.
“I'm hoping someone can come in and sort things out - just wait and see what happens (at the meeting),” Mr Whatman said.
He said a host of small things, such as the move to 12 hour shifts at the mine, along with the economic downturn, had contributed to the club's struggling financial situation.
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