Jul 22, 2026 – 4.03pmCity Tattersalls Club, a 131-year-old Sydney institution founded by disgruntled bookmakers, has shut down marquee venues across the city as accounting firm PKF commences a wind-up.Members of the club on Wednesday afternoon were told PKF will apply to the Supreme Court to seek instructions on how to wind-up the club, given it is an unincorporated association.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?