Complex sentence: In 1974 club members chose to go down a different path to bring the club back, they set their sights on a take-over of the financially struggling Division 1 club Essendon Lions (a Ukrainian backed club).
Split into simpler sentences: In 1974 club members chose to go down a different path to bring the club back. They set their sights on a take-over of the financially struggling Division 1 club Essendon Lions (a Ukrainian backed club).