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In November, amid reports the financially troubled facility was haemorrhaging money, Bowling Club members voted in favour of a proposed amalgamation with the Catalina Country Club.

This was despite a group of Bowling Club members saying they would be willing to put their hands in their pockets to save their club, if the board asked.

In September, board chairwoman Pat Bill said the club had traded at a loss of $300,000 in the past financial year and $400,000 in the previous year.

“On top of that is our $1.2 million loan and we have creditors lining up,” she said.

At the time one member, who wished to remain anonymous, said he gave the club $120,000 to pay off creditors.

“We’ve got access to over a quarter of a million dollars we can put back into the club, but they haven’t sought help from anybody.”

At the Bowling Club’s annual meeting on November 29 last year, members voted in favour of an amalgamation with the Catalina Country Club.

However, on Monday, Catalina Country Club CEO Richard Hogg warned that the amalgamation process was not yet finalised.

He urged anti-amalgamation Bowling Club members to be aware of the consequences should any move be made to derail the pending merger.

“It’s fair to say that the organisation was very vulnerable when we took it over and we’ve had to immediately spend $130,000 on urgent costs to prop it up,” Mr Hogg said.

“We are currently finalising the requirements of the government agency that approves club amalgamations in NSW and then we shall prepare and dispatch the notice of a special general meeting for the members to voluntarily wind up the club.”

Once this process is complete, the assets and liabilities of the Bowling Club will be combined with the Catalina Country Club, which will operate as a combined entity.

However Mr Hogg warned that if the Bowling Club membership voted against the amalgamation being finalised, the pending merger would come undone.

“The Bowling Club was technically insolvent, so when the Catalina Country Club acquired the Memor-andum of Understanding we talked about the club underwriting any essential costs to run the business during amalgamation,” Mr Hogg said.

However, if the amalgamation is not finalised, Mr Hogg said the Bowling Club would be required to reimburse the $135,000 injection of funds put forward by the Catalina Country Club since November.