Chairman voted out along with one of his cohorts. Lots of acrimony towards the chairman. The club is cash and assets rich, but income poor, but has more than enough money to continue.
The meeting was a shambles, and so was the voting procedure, and the chairman was clearly out of his depth. However democracy ruled and the "club" rather than "retailer" supporters won the day. There is much info on the VMCC forum if you are a member.