Salford Lads Club has been saved from permanent closure after successfully surpassing its £250,000 fundraising target before the end of the month.
After raising £273,000 in just six weeks from its emergency appeal, the club will now focus on securing a permanent £1 million endowment fund – known as a ‘legacy fund’ – to safeguard its future.
The rise in costs has been felt nationwide, and the club has mentioned that it is difficult to care for and maintain the 121-year-old Edwardian building.
Projected outgoings for the coming 12 months are £394,700, against income last year of £160,000 with the emergency funds making up the difference and allowing the club to catch up on maintenance and other costs.
For the longer term, the legacy fund is needed so the interest can be used to plug the gaps year-to-year.
The legacy fund will remove the need for such desperate and urgent appeals, as a secure income stream will aid the club in making better informed decisions, investments and plans.
Leslie Holmes, who has spent more than 20 years as project manager at the club, said: “It should be a world heritage site.”
The club, which opened in 1903 for Salford lads, still serves boys and girls, providing a wide range of activities.
A former member and now volunteer, Blaine, stated: “I see kids on the estate who have to go through tough situations, and the club cheers them up.
“It gives them freedom to express themselves. If the club was to close, I don’t think I’d find the same joy anywhere else.”
The club also attracts music fans from around the world who recreate Stephen Wright’s iconic album cover shot of Manchester band The Smiths outside the club doors in Coronation Street, Ordsall.
Inside they can pay homage to the band in a Smiths room where the walls are covered with memorabilia and fan messages from around the globe.
Find out how you can support Salford’s beloved club further here.
Recent Comments