Listen Live
Listen Live
HomeStratford NewsCountry club has tight deadline to find buyer

Country club has tight deadline to find buyer

The Stratford Country Club is hoping to finalize a buyer before the end of December.

That came in an update sent to members Wednesday by club president Mark Straus.

The update says they’ve entered a Forbearance Agreement with the bank which will allow them to operate while looking for a buyer.

That agreement says a letter of intent from a party capable of buying the club has to be given to the bank by November 21st and a firm closing date sent to them by December 15th.

- Advertisement -

This comes as the club faces some significant financial issues, including a seven figure debt.

In the meantime the Stratford Country Club is open for curling, squash and events as usual.

- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading