It was announced today that BA have agreed to sell the Concorde site to Imperial College London.
In most regards it will still be business as usual, as we have negotiated continuing use of the facilities for our members. Just about all activities will be retained. We estimate that over 95% of current activity will be unaffected, including events and entertainment.
Imperial College have long term plans to invest and enhance in the facilities at Concorde.
A Memorandum of Understanding (operating statement) has been agreed and BA Clubs will be granted a licence to use the facilities. There will be a joint review committee of Clubs and Imperial College, to manage this change. They will meet regularly to ensure a smooth transition.
Concorde staff will transfer under TUPE Regulations so you can expect to see the same familiar faces when you visit.
WHAT HAPPENS NEXT?
The date of transfer is 1st September 2014 and the plan is for Imperial to be fully mobilised by 1st October 2014. There will be a transition period until 1st January 2016 where all activity is protected.
We will be meeting with Section officials to discuss any specific issues arising from the change of ownership. Our contractors and partners are being notified at the same time.
WHAT DOES IT MEAN FOR THE CLUB?
In essence it will be business as usual: activities and events will continue and Section use remains largely unchanged. BA Clubs will still exist as an organisation (and will continue to oversee member activities at other sites as well as online), the Charity remains in place and the QPR Academy will continue to be based at the Concorde Club.
Membership fees are unaffected and the sale of the Concorde site has no affect on either Wraysbury or other Section activity that takes place off-site. Likewise the lottery will continue to run.
We are optimistic that an excellent working and operating partnership will be developed with Imperial College. We are confident that the Club will be able to continue as a profitable organisation once it is free from the cost of running and maintaining the site. We believe that Imperial College have the expertise and finance to invest in the Concorde Centre site and upgrade existing facilities to the benefit of our members.
Existing telephone and email details to reach the Club remain the same.