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. Those presently involved have a combined total of more than 90+ years association with the club and include individuals who have held a variety of posts as officers of the club.
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 for participation, perhaps involving a relatively modest financial commitment, subject to a number of relevant factors (note: an online facility for this purpose is currently under 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 revealing commercially sensitive details that relate to their participation in establishing a proposal from this group. 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 parties (in this case the company formed by this group and Bedworth Conservative Club Limited as the legal entity relating 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 your application if you have any wish to be considered as a party to this effort, subject to the various constraints current participants have accepted and approval of the current shareholders in the limited company, and contribute to the funds required to support the proposal that is currently being formulated.