Problem installing on a Subdomain

[Owen Cutajar]

I'm trying to install ClubMaster on the following subdomain: http://members.codeclub.im/

The "members" subdomain is actually hosted as a folder called codeclubmembers on my hosting server (Godaddy). 

When I click to configure, the link points to: http://members.codeclub.im/web/app.php/installer  .. however this URL is ending up with my browser displaying an HTTP 500 while pointing at: http://members.codeclub.im/codeclubmembers/web/installer after throwing a number of errors: 

Request exceeded the limit of 10 internal redirects due to probable configuration error.

This was a clean install with the .htaccess that ships with the package. Any ideas what could be causing this?