Abstract: A golf club has a normal address position when the user addresses a ball, and includes a shaft, a hosel mounted on the lower end of the shaft and a golf club head mounted on the hosel for pivotal movement about an axis which is generally horizontal when the club is in the address position. An eccentric cam member is mounted on the hosel for rotation between first, second and third angular positions, and a recess is formed in the head and adjacent the cam member and a lever is operative to move the club head toward and away from the hosel wherein said cam member is movable into and out of the recess, the rotary portion of the cam member in the first and third positions causing said head to pivot into loft angles above and below a nominal loft angle when the cam member is in its second position between first, second and third loft angles as the adjustment sleeve is moved between its first, second and third positions.