Uncertainty remains over future of Pegasus club - two weeks before closure

The club in Herd Lane

The club in Herd Lane

First published in News Thurrock Gazette: Matt Abbott by , Chief Reporter

A POPULAR sports and social club is set to close its doors next week - with its future very much in the balance.

Committee members running the Pegasus Club in Herd Lane, Corringham - which until recently had 1,000-plus members - are to hold a “farewell” bash next weekend, when the club’s current lease expires.

The members-only do will mark the end of an era at the club which has been home to dozens of sports clubs since it opened in 1961.

The Gazette understands that administrators Pricewaterhouse Cooper are on the brink of agreeing a deal with a mysterious Malaysian consortium, but it is unclear what their intentions for the club will be.

Martyn Hathaway, manager at the Pegasus, said: “Hopefully the future of the club will be decided very shortly.

“For us, there are two potential outcomes.

“Either we shut the doors and walk away, which is what we have planned for, or these new buyers will take it forward as a sport club.”

The future of the club has been in doubt since the closure of Coryton oil refinery, for which the Pegasus was a members club. When the refinery’s owner Petroplus went into administration and Pricewaterhouse and Cooper acquired the assets, the refinery was sold with plans to eventually sell the Pegasus Club, too.

That process has taken almost two years, but could soon be coming to an end if this latest deal - believed to be the fourth serious bid that PwC have considered - goes through.

Member Gil Moore of Anthony Drive, Corringham said: “We’re leaving the club on April 31 and selling off everything we own, the fixtures, the fittings.

“We’re very disappointed.

“It’s a crying shame and still nothing has been finalised.”

Community teams which use the sprawling, self-sufficient club - the equivalent in size to 37 football pitches - have been forced to find a new home.

Mr Moore said the bowls club has moved the Billet club and is working with East Thurrock United to secure a future for itself there.

East Thurrock United failed in its bid to buy the Pegasus Club last year.

Pricewaterhouse and Cooper did not respond to our requests for comment.

Comments (13)

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2:17pm Wed 23 Apr 14

The Hog says...

Nice bit of land for an housing estate...
Nice bit of land for an housing estate... The Hog
  • Score: 5

3:03pm Wed 23 Apr 14

thurrock-baz says...

Such a pity East Thurrock United just missed out in the bidding process. ... ETUFC would have been able to keep all the Peg sections running as well as making their new home there. ... Would have preserved this superb facility for the whole local community. ... Now, who knows what will become of it.
Such a pity East Thurrock United just missed out in the bidding process. ... ETUFC would have been able to keep all the Peg sections running as well as making their new home there. ... Would have preserved this superb facility for the whole local community. ... Now, who knows what will become of it. thurrock-baz
  • Score: 6

3:06pm Wed 23 Apr 14

jb411 says...

The Hog wrote:
Nice bit of land for an housing estate...
I believe you are closer to the truth than you realise, I think that's why ETUFC got the Billet field given to them on a plate for their relocation. I have been told DP World wanted to buy it but the administrators declined as the council has "plans", funny that.
[quote][p][bold]The Hog[/bold] wrote: Nice bit of land for an housing estate...[/p][/quote]I believe you are closer to the truth than you realise, I think that's why ETUFC got the Billet field given to them on a plate for their relocation. I have been told DP World wanted to buy it but the administrators declined as the council has "plans", funny that. jb411
  • Score: 2

3:12pm Wed 23 Apr 14

jb411 says...

thurrock-baz wrote:
Such a pity East Thurrock United just missed out in the bidding process. ... ETUFC would have been able to keep all the Peg sections running as well as making their new home there. ... Would have preserved this superb facility for the whole local community. ... Now, who knows what will become of it.
Yeah right, their "token" bid was too far away, funny that, the Billet was all they had in their mind from the start as was said at the Pegasus meeting last year, they really preferred the Billet. Funny how they suddenly got to buy the Billet field when no-one else had bit for it and for a song too. There will be houses built over there, this Labour council wants the concrete over Thurrock, especially Stanford and Corringham, until there isn't one blade of grass left, and stuff all the residents. It all stinks to high heaven.
[quote][p][bold]thurrock-baz[/bold] wrote: Such a pity East Thurrock United just missed out in the bidding process. ... ETUFC would have been able to keep all the Peg sections running as well as making their new home there. ... Would have preserved this superb facility for the whole local community. ... Now, who knows what will become of it.[/p][/quote]Yeah right, their "token" bid was too far away, funny that, the Billet was all they had in their mind from the start as was said at the Pegasus meeting last year, they really preferred the Billet. Funny how they suddenly got to buy the Billet field when no-one else had bit for it and for a song too. There will be houses built over there, this Labour council wants the concrete over Thurrock, especially Stanford and Corringham, until there isn't one blade of grass left, and stuff all the residents. It all stinks to high heaven. jb411
  • Score: -1

4:00pm Wed 23 Apr 14

thurrock-baz says...

Keep your hair on mate. ..
Keep your hair on mate. .. thurrock-baz
  • Score: 5

4:19pm Wed 23 Apr 14

jb411 says...

thurrock-baz wrote:
Keep your hair on mate. ..
You would say that you are connected to East Thurrock FC I believe. Truth hurts eh.
[quote][p][bold]thurrock-baz[/bold] wrote: Keep your hair on mate. ..[/p][/quote]You would say that you are connected to East Thurrock FC I believe. Truth hurts eh. jb411
  • Score: 1

5:05pm Wed 23 Apr 14

thurrock-baz says...

Thought this thread was about the loss of a superb sporting and social facility to the community. .. Not a platform for making some weird personal points.
Thought this thread was about the loss of a superb sporting and social facility to the community. .. Not a platform for making some weird personal points. thurrock-baz
  • Score: 4

7:08pm Wed 23 Apr 14

poortaxpayer says...

Weird that football clubs who are lucky to get spectators in the double figures are buying up land and wanting to build massive thousands of seater stadiums. Are they that delusioned that they think they can get thousands and thousands of people to buy tickets every week. They will be bankrupt in a few years.
Weird that football clubs who are lucky to get spectators in the double figures are buying up land and wanting to build massive thousands of seater stadiums. Are they that delusioned that they think they can get thousands and thousands of people to buy tickets every week. They will be bankrupt in a few years. poortaxpayer
  • Score: 1

7:31pm Wed 23 Apr 14

thurrock-baz says...

I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors.
I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors. thurrock-baz
  • Score: 2

7:46am Thu 24 Apr 14

poortaxpayer says...

thurrock-baz wrote:
I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors.
We can see their current grounds with the odd handful of supporters and the mess and storage containers, mobile homes and caravans - why would anyone want that mess near their homes. Why should we lose public playing fields for a private football stadium. ETUFC are a joke and they are delusional if they think the local community either cares or will come out in their thousands let alone hundreds to see their games.
[quote][p][bold]thurrock-baz[/bold] wrote: I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors.[/p][/quote]We can see their current grounds with the odd handful of supporters and the mess and storage containers, mobile homes and caravans - why would anyone want that mess near their homes. Why should we lose public playing fields for a private football stadium. ETUFC are a joke and they are delusional if they think the local community either cares or will come out in their thousands let alone hundreds to see their games. poortaxpayer
  • Score: 2

11:02am Thu 24 Apr 14

jb411 says...

thurrock-baz wrote:
I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors.
Hard working elected councillors one of whom is Hon Secretary to the ETUFC and a former secretary to the club just happens to have a son on the planning committee? Yeah that sounds really hard working. Also Thurrock Baz you haven't answered the questions about the modified container people, will they be moving with the club too? I doubt they have planning permission either? but then the hard working elected councillors probably turned a blind eye to that. It'll be like Dale farm in no time. Do you think these hard working councillors will allow a council tax rebate for the residents in Billet Lane for the eyesore that is going to be built right opposite them? How about compensation for the loss of equity on the houses? No I don't either!
[quote][p][bold]thurrock-baz[/bold] wrote: I take it from the above posts that no-one cares about the demise of the Peg. ... Much more fun to go off subject and slag off ETUFC (a club set up to benefit the local community), and hardworking elected local councillors.[/p][/quote]Hard working elected councillors one of whom is Hon Secretary to the ETUFC and a former secretary to the club just happens to have a son on the planning committee? Yeah that sounds really hard working. Also Thurrock Baz you haven't answered the questions about the modified container people, will they be moving with the club too? I doubt they have planning permission either? but then the hard working elected councillors probably turned a blind eye to that. It'll be like Dale farm in no time. Do you think these hard working councillors will allow a council tax rebate for the residents in Billet Lane for the eyesore that is going to be built right opposite them? How about compensation for the loss of equity on the houses? No I don't either! jb411
  • Score: 3

11:24am Thu 24 Apr 14

thurrock-baz says...

Errr Sorry. .... What has all this wild ranting got to do with the loss off the Pegasus Club ?.....
Errr Sorry. .... What has all this wild ranting got to do with the loss off the Pegasus Club ?..... thurrock-baz
  • Score: 0

10:33am Fri 25 Apr 14

jb411 says...

thurrock-baz wrote:
Errr Sorry. .... What has all this wild ranting got to do with the loss off the Pegasus Club ?.....
It's all connected with East Thurrock. Now now the club and grounds will most probably be a housing estate in the not too distant future. I don't think ETUFC had any intention in buying the Peg, it was a token bid.
[quote][p][bold]thurrock-baz[/bold] wrote: Errr Sorry. .... What has all this wild ranting got to do with the loss off the Pegasus Club ?.....[/p][/quote]It's all connected with East Thurrock. Now now the club and grounds will most probably be a housing estate in the not too distant future. I don't think ETUFC had any intention in buying the Peg, it was a token bid. jb411
  • Score: 0

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