Brocket Hall shake-up leaves golf members in the cold
PUBLISHED: 09:41 18 March 2016 | UPDATED: 10:02 18 March 2016
Members who have paid thousands of pounds to play golf at the historic Brocket Hall have been ousted because of its financial problems,
Administration firm AlixPartners, called in a year ago when debts overwhelmed the company holding the lease over the mansion and estate near Lemsford, on the fringe of Welwyn Garden City, has struck a deal with a new company, Brocket Hall (UK) Ltd.
Some life members have paid as much as £70,000, but AlixPartners has told them they need new memberships if they want to play.
The firm wrote: “Due to a substantial shortfall in funds available to satisfy the claims of the Company’s secured creditor [HSBC bank], there are no funds available for unsecured creditors, of which you are one.”
The club has not responded to the Welwyn Hatfield Times’ request for comment.