Wentworth members have won their battle with Chinese owners Reignwood, and will not have to pay a proposed $167,000 debenture fee to remain at the club.
After nearly five months of members’ protest, Reignwood have made a 180-degree about face and scrapped plans that had members writing letters to members of the British parliament and threatening to quit the club.
The move comes just days before an Extraordinary General Meeting where members intended to voice their concerns to representatives of the club.
“This is a very positive step forward,” said Nigel Moss, spokesman for the members protest group Wet Feet.