My wife is expecting a baby in April next year, and one thought in my mind is whether to get he or she onto the waiting list for the Melbourne Cricket Club. It is an exclusive club – the waiting list is so long that it may take 20 years before you are offered a place.
To get onto the waiting list, it currently costs a non-refundable $55(at the time of writing). A lot can happen in 20 years. Once they offer you membership, if you don’t take it up you may forfeit your place. By then you may not even be interested in sport. If you do take up the offer of membership, it is going to cost you a small fortune to join and stay a member.
The current entrance fee is $660.00 (which you pay in instalments as you move through the various membership and age categories), and being a full member also cost $504 annually. If you are not at a stage to regularly go to matches or events at the ground, it is quite a bit to pay.
In twenty years time, MCC membership will probably be very well sought after. My child can always say no, I see the $55 fee as a good price to pay to just give them the option in the future.