Another rescue bid has been launched to save the troubled Port Kembla RSL Club.
The Allan Street club closed its doors in May after accumulating a $900,000 debt and administrators Hall Chadwick were appointed.
The RSL and community members tried to raise the funds needed to save the club but it was placed in liquidation last month.
However, Port Kembla RSL sub-branch president Jim Lyon said an Illawarra company was now keen to reopen the doors and take over running the club.
Mr Lyon said because negotiations were still under way with the administrators, he couldn't name the company but said it was experienced in running hotels.
"They know what they're doing and they have a very good business plan," Mr Lyon said. "I'm sure it will be a success."
Mr Lyon said members of both the RSL club and the sub-branch had to vote in favour of the move before the company could take over. To allow that to happen, there would be a public meeting at the club on September 14 at 10am.
"The people who are dealing with us, they have made an application to the receivers to purchase some of the equipment there and, as a result, they would be able to reopen the club," he said.
"We have to have the meeting to allow people to meet the proposed management of the new club and they have to approve of them taking over the club."
Mr Lyon said that 75 per cent of the members present at next month's meeting would need to vote in favour of the new management.
"I'm sure once people hear the plan they'll be very happy with it," he said. "People are anxious to have their club open again too. There's a lot of enthusiasm."
Retired Sydney businesswoman Eleanor Howard indicated last month that she had tabled an offer to bail out the club. Mr Lyon said they were no longer working with Ms Howard and that offer "came to nothing".