Bank of England announce plan to close Roehampton sports club
image: Bank of England Sports Club website
The Bank of England sports ground in Roehampton faces closure after the Governors and the Bank’s court of directors have decided to shut the 32-acre centre.
They plans to lease the site on commercial terms within a year. This in reaction to pressure from politicians and civil servants for the Bank to get better value from its property portfolio.
The National Audit office has been critical of the way the centre is run, members of the public pay an annual membership of £1,500 a year. Employees pay £52 a year, but only 13 per cent of Bank staff are members.
The sports ground has been owned by the Bank for over 100 years.
We understand that a meeting has been arranged for Commercial Members on Thursday 18 April to ascertain the interest in forming a group to liaise with all parties in seeking the best outcome for existing members.
This will also impact on local schools who run their sports at the site and charities such as Cancer Research UK that has its annual two day Christmas fair at the club.
April 15, 2019