Sharks announce potential club amalgamation

Dear members,
I have some exciting news about our plans to ensure you, our members, have a great home base over the next two years while the Leagues Club is redeveloped.

As you know, we have been seeking expressions of interest from other clubs in the area to provide reciprocal arrangements for you while our club is closed.

During those discussions it became clear that the Sporties Group – which currently operates Kareela Golf Club – may be interested in entering an agreement for the Sharks amalgamate with the club.

We have now progressed those talks and the Sharks will officially amalgamate with Sporties@ Kareela Golf early in the new year, subject to the various approvals.

This is a fantastic development and it means we will continue to have a home base where we can celebrate our team’s wins in 2020 and 2021.

It also means we will have an asset which provides a revenue stream while our club is closed.

Kareela Golf Club is only 10km away from Netstrata Jubilee Stadium at Kogarah where we will be playing our home games for the next two seasons.

Make no mistake, if this proposal goes ahead we will turn Kareela into a genuine home club for Sharks supporters.

Naturally, the agreement would also open opportunities for you to take up golf memberships and use the club’s other facilities.

We have come a long way in the last couple of months.   We were facing two years without a home ground or club.  Now we have both.

Clearly, the Sharks Leagues Club will revert to being our home base once the redevelopment is completed.   We are going to have one of the best Leagues Clubs in the NRL.

And we will have another asset at Kareela.  A golf club which is currently cash flow positive to make our club even stronger.

We are determined to secure the financial future of the Sharks and this proposal is the next step in achieving that goal.I will keep you updated on any developments, including the outcome of the vote to approve the amalgamation.

Richard Munro