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Supporters and members of the Pirates club are being urged to get along to its annual meeting early next month as its future comes into focus.
The club has not had a premier team for the past two seasons and is not planning on getting one next season.
Pirates has a proud history. It is more than 135 years old but is faced with some difficult decisions about its future.
Pirates club captain Mark Howat said the club was not trying to be alarmist but wanted to get everyone involved in the club along to the meeting to hear exactly what was happening and not what was heard second hand and rumour.
"We just want to give an update of where the club is at and where we can take it from there,'' he said.
"But after this year we have got to reassess things and make some sort of decision about our future; ask ourselves if it is sustainable.
"Financially we are still sound at the moment. We are not on our knees but you can't keep on making losses.''
The meeting is on December 2 at the clubrooms.
Howat said the club made a loss this year although that was due to repairs and maintenance of the clubrooms. The bar had made the same returns as the previous year.
The club had invited Caversham Football Club to form something of a sports hub last winter and Howat said it had worked well.
Caversham Association Football Club president Steve Fleming said the football club was happy with the arrangement and the clubrooms at Hancock Park had been packed throughout the year.
He said the Hancock Park No2 ground which was converted into a football field was not suitable for football as it was too bumpy and patchy. But the Dunedin City Council had indicated it was looking at doing some work on the field over the summer period which was a positive step, he said.
Howat said the club was not planning on trying to get either a premier team next year or a premier colts side. If a club did not have a premier side it would not be able to attract enough young players to form a premier colts side.
The side fielded a premier two side and a women's side this year. It also had a strong junior club.
There had been talk of mergers with other clubs but at present the club was not in any active merger talks, Howat said.