The MCC has told members they will not be refunded their subscriptions this year even if there is no cricket played at Lord’s due to the coronavirus pandemic.
The club informed its 18,000 members 2020欧洲杯网站on Tuesday night that they will not be receiving any money back on memberships that cost up to £582 a year.
An email sent to members read: “The committee has reluctantly taken the decision that this year’s annual subscriptions will not be fully or partially refunded. This was a hard decision to take. We have reduced expenditure across the board, but subscriptions are the bedrock of the club’s finances, critical to ensuring we weather the current storm. Ultimately, you own the club and I hope that in that context you will be understanding of the position the committee has felt it needed to take.”
There will be an inevitable backlash from some disgruntled members but with a 29-year waiting list, the club feels in a strong position to fight off any claims.
2020欧洲杯网站The club’s committee will also put to the members at its annual general meeting next month the proposal to sell life memberships - priced between £7,000 and £80,000 depending on the member's age - for the first time since 1996 to help fund the £50m rebuilding of the Compton-Edrich stands which has carried on despite the coronavirus lockdown.
However, with Lord’s facing big losses from not hosting two lucrative Tests against Pakistan and West Indies2020欧洲杯网站, the club is now having to reconsider how to finance the project which will be discussed by members next month.
The club has furloughed a large percentage of staff but losses will be “significant.” Members were told: “The continuing uncertainty caused by the rapidly changing situation makes it hard to predict when we will once again be able to enjoy cricket in front of a full house at Lord’s, but the prospect of that happening in 2020 looks increasingly remote.”
The club will hold its first ‘virtual’ AGM on June 24. Kumar Sangakkara has had his term as president extended by a year.