What will become of the Club’s memorabilia?

I heard recently of the sudden closure of the doors of a historic Cape Town institution, in Queen Victoria Street.

At the time of such closure, the Club was, due to financial problems, renting the beautiful premises that had once upon a time been donated to it by Cecil John Rhodes, and subsequently sold by the Club.

As far as I am aware, very little has been said about the closure and one wonders what has become of the Club and its valuable assets and liabilities?

What has become of the invaluable movable assets of the Club, including its library, paintings, furniture and memorabilia, all of great Cape Town, and South African, historical significance?

The paintings include portraits of Nelson Mandela, Desmond Tutu and FW de Klerk, all donated to the Club by the late Douglas de Jager.

Are these assets to be sold in execution to the highest bidder? If so when and where is the sale to be? Where are these assets now? Are they insured? Who is in charge of them?

Will an effort be made by erstwhile members of the Club to purchase such assets and maybe to revive the Club in the interests of our history, or has the spirit of the members died along with the closure of the doors of the Club?

As a former member of the Club, I would be interested to hear from others interested in salvaging some of our history.