Sad I know, but I've just been reading the Club's Spring newsletter. As Al R points out, the Club had been doing very well up to 2009, but 2010 won't be so good and the forecast flatlines due to lower projected membership numbers. The Trustees seem worried about the future, hence the withdrawal of Life Honorary Membership and frozen subscriptions.
I actually like the Club, even though I only stay there once or twice a year, and would be very sad to see it disappear. However, it really does need to move with the times and reflect the more relaxed standards found in the modern RAF Officers' Mess if it wishes to entice increased numbers of young serving officers to join and retain membership.