A social club which faced closure six months ago is celebrating securing its future.
Committee members at the Royal British Legion Club in School Lane, Leyland, feared the venue would have to shut in November last year because of debts of around £100,000.
However, after bringing on board financial experts from business group Minotaur, the committee has drummed up plans which should bring in enough cash to wipe out the club’s debt.
The proposals, to be voted on by the club’s 700 members, include selling off a club car park to housing developers and changing opening hours to suit busier times.
Jim Eskdale, club chairman, said: “It’s like we’ve risen from the ashes.
“Between November and Christmas, we were within an inch of having to close. Committee members were putting in their own money to pay for things.
“Then Minotaur came in and suggested various options on how to improve the use of our land.”
Glyn Jones, director of Minotaur, said the firm had helped a number of struggling social clubs across the country to revive their fortunes.
He said: “There was a proposal in November last year to put the Leyland club into administration.
“They could not even afford to put in a new boiler when it broke.
“We saw they had debts but also a massive amount of assets in their property.
“Now we have finished the first draft of a scheme which will provide a regeneration for that whole corner of Leyland.”