A Partnership Built on Experience, Capability and Proven Results
A Partnership Built on Experience, Capability and Proven Results
In January 2022, the Bangalow Bowlo Board and management were advised by the accountant to look at other options due to the club’s precarious financial situation. This opinion was backed by the auditor. After multiple Covid lockdowns and severe weather and floods badly affecting revenue and completely draining capital reserves, they were, and remain, dangerously close to insolvency.
Since then, there have been many member and community meetings to discuss the prospect of amalgamation with Norths Collective, a solution we feel to be an ideal cultural and community fit for amalgamation. We are in the business of running clubs – and making them better by embedding them within their local community and with the local sports clubs.
The Bangalow Bowlo and Norths Collective have reached an agreement and signed a Memorandum of Understanding (MOU), creating a clear path forward for the Bowlo to be financially secure well into the future. This MOU will be voted on by eligible financial members Sunday 13 November, 2022 at 11am.
Bangalow Bowlo retains its identity as the Bangalow Bowlo.
Preservation of the clubs famous community hall.
All Bowlo staff to maintain their valued employment.
The Bowlo Management and Supervisory team to retain their leadership roles.
All employees to enjoy professional development programs and pathways
with Norths Collective.
A commitment to bowlers that sees their great game nurtured and their facilities upgraded to a high standard for the long-term.
Fees, prizes and uniforms at a minimum supplied to the Bangalow Bowling Clubs better connecting them to their beloved Bowlo.
MINIMUM $305,000 in cash sponsorships over a minimum of ten years paid to Rugby Union, Soccer, Cricket, Netball and Angling clubs.
Discounted food & beverage for sporting club events creating further fund-raising opportunities.
Significant levels of in-kind support available to local sporting and community clubs.
A MINIMUM $3.5 MILLION DOLLARS invested into the property over our first ten years together.
Fun, on-trend renovations relevant to the Bangalow community guaranteed.
A new sun-lit, relaxing lounge overlooking the sporting field forms part of the future venue design.
The addition of a new, open air functions space created to host a myriad of unique events at The Bowlo.
A structured, well researched, diversified business plan exists with sustainability and community spirit at the forefront of mind.
The Bangalow Bowlo core property remains protected on favourable terms for the benefit of Bangalow Bowlo Members and the community.
Protections have been included in the MOU on favourable terms for Bangalow Bowlo Members that see the clubs operation continue well beyond our first ten years together.