Is London’s private members’ club scene enjoying a golden era the likes of which it has not witnessed since the Reform, the Athenaeum and the Army & Navy sprang up on Pall Mall two centuries ago? Or does an extraordinary explosion of recent openings point to an unsustainable bubble — with too many clubs chasing not enough members — that will inevitably end with the pain of closures and consolidation?
It is a question that haunts London’s clubland this summer as it braces for the imminent launch of the biggest and most ambitious private members’ social club ever seen in the capital.