![POPULAR BOSS: Team leaders Liz Street and Sarah Murphy with Mr Levesque in the club's new sports bar. POPULAR BOSS: Team leaders Liz Street and Sarah Murphy with Mr Levesque in the club's new sports bar.](/images/transform/v1/crop/frm/e8uBJxuTc2fGAziDArmhm5/0778291f-9a98-4187-9056-0d77f7d5ee89.jpg/r0_252_4728_2679_w1200_h678_fmax.jpg)
TIM Levesque provided further evidence the SS&A Club was turning around its financial fortunes in the latest annual report released recently.
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The club's overall debt had been reduced by 31 per cent since 2009 when he joined the SS&A Club.
The Albury headquarters’ operating profit crashed through the $1 million barrier in the past year and the pending sale of the Wodonga golf club will significantly reduce its overall debt of $7.1 million.
![YARRAWONGA BOY: Tim Levesque was the chief of the Mulwala Water Ski Club. YARRAWONGA BOY: Tim Levesque was the chief of the Mulwala Water Ski Club.](/images/transform/v1/crop/frm/e8uBJxuTc2fGAziDArmhm5/78eb39f8-86f8-4802-91a3-147e3c8edec5.jpg/r0_296_3504_2095_w1200_h678_fmax.jpg)
The SS&A Club's financial position was in stark contrast to his former workplace, the Mulwala Water Ski Club, which commenced a $7 million expansion in his time in charge.
"This coming year consolidation of debt will again be the main focus of the board," he said recently.
"The completion of the sale of the golf course will make a significant reduction to the debt of the club.
"I would like again to thank all staff for their efforts over the past 12 months.
“The club would not be improving financially without everyone working together."