The board of Bowls Dunedin agreed at its meeting at the end of last month that president Gerard Simmons and Bowls New Zealand region six community development officer Pete Thomson should contact the police about the situation.
Simmons intends to contact the police in the next few days.
The Otago Bowling Club was formed in 1906 and folded last year due to insufficient members.
The Otago Daily Times understands the club's buildings and land in Arthur St was sold for $350,000.
At last month's meeting, Thomson told the board it was time the police were advised of the situation as there appeared to be little co-operation or transparency from former members and officials as to the distribution of funds.
Thomson said that the board had been misled about a meeting scheduled to be held in March concerning the distribution of the proceeds of the sale. By all accounts the meeting never happened.
The silence from former Otago Bowling Club officials about the issue was of concern, he said.
Simmons said "that in no way is Bowls Dunedin seeking any of the funds for themselves. All we want to do is to ensure that the total disposal of funds has been according to the Otago club's constitution".
The Otago Bowling Club was an incorporated society. Under its constitution, any remaining funds on liquidation would go to Bowls New Zealand or another amateur body.
The Otago Daily Times understands the club was struck off the list of incorporated societies in January last year because it had not filed any financial returns, but it had to re-incorporate before it could sign the sale agreement.
The ODT was unable to contact the last president of the club.
Other former members of the club committee contacted were not prepared to comment.
Real estate agent Jim Columb sold the property on behalf of the bowling club committee. He said the property was sold to a private individual, with the committee agreeing to the sale.
