Club that I'm a member of has had discussions and released an info paper to members with focus group discussions to come all regarding the future viability of the club going forward - which under current expenses, revenue etc is unsustainable.
Info paper proposes the club undertake a development, merge with another club, merge with a social club, sell the entire club, sell a portion of the club, reduce the club facilities (kitchen is losing money year on year I think), transition to a private club and double fees or continue same as now and raise fees substantially.
Not a great place for the club to be in. A range of options to consider.