Members are undoubtedly aware of the club's financial difficulties that were discussed at the 14th December 2025 General Meeting of club members. At that meeting members were advised of 3 potential options that the committee had received from the Association of Conservative Clubs (ACC) and which were being considered as the sole solutionsavailable to club members for the continued operation of the club"s activities.
As a consequence of casual remarks, between a few club members, some of those individuals undertook an unplanned effort to try and identify a group of members who might be prepared to underwrite the large financial commitment that would enable an alternative option to be put to the club committee.
That identified group of club members met for the first time on 22nd December 2025 to discuss that possibility and establish whether an alternative proposition was a realistic goal worth pursuing.
The first issue that was immediately addressed at this meeting on 22nd December 2025 was to identify the intentions of those attending.
There was unanimous and unequivocal agreement by all parties attending to the following principles:
Financial commitments would not necessarily have any prospect of an annual return and would be made on the basis that funds provided would be retained for a period of at least 2 years.
Involvement would be sought from the wider club membership with the option for participation perhaps involving a relatively small financial commitment (note: an online facility for this purpose is under urgent development and further details are provided below).
The focus of any proposal would need to align with the preferred ACC option that was recommended by club members at the December 2025 General Meeting.
The group would pursue a proposal that took account of the best interests of the club and club members.
In that latter respect the group are confident that apart from addressing financial difficulties there is the added possibility of assisting the club committee to address some of the underlying factors that have contributed to the club's current situation and general decline.
To formulate any potential proposal the group have established a legal entity in the form of a limited company.
At this precise moment the group do not have a fully defined proposal to put to the committee, although the main principles are outlined above. Once a proposal has been formulated the members of this group will be consulted to approve that suggested proposal before it is submitted to the club committee for consideration.
Individual members of the group are currently bound by a non-disclosure agreement that restricts them from discussing the detail of discussions that they participate in. That restriction will be in place until such time as a proposal is submitted to the club committee. This is a commonplace commercial practice in relation to the conduct of negotiations between 2 companies (in this case the company formed by this group and Bedworth Conservative Club Limited which is the legal entity that relates to the club's commercial activities).
The shareholders agreement for the group's limited company incorporates, amongst many other points, the following:
No individual to have a shareholding above 15%
Shareholders Meeting held annually
Board of 5 directors elected annually – one identified as Chief Executive Officer
Any Board members may be removed (with just cause) by shareholders
Members of this group attended a club committe meeting, on 7th January 2026, after responding to written correspondence from the club committee imposing a deadline, for the submission of an offer from this group, that was frankly simply unrealistic. At that meeting this group requested cooperation from the committee for access to key information that would assist in formulating a suitable proposal. Having been advised today (9th January 2025) that this will be forthcoming the group will now have a matter of a few weeks to progress the preparation of a formal detailed proposal for the club committee to consider. Members should note that this time constraint will, by necessity, place a restriction on the date by which any club member, wishing to apply for participation, must complete that application.
Should any member have further questions they can submit an enquiry and efforts will be made to respond as promptly as possible.
Submit an application if you have any wish to participate as a party to the planned proposal and contribute to the to the funds that will be required to support such a proposal for consideration by the club,s committee.