Trust pitches in to boost football club
A football club in east Belfast has finished work on a new pitch after a six figure investment. Part of the investment at Knockbreda Football Club was supported by the Ulster Community Investment Trust (UCIT).
UCIT provides affordable loans to community organisations and charities throughout Northern Ireland and the Republic.
As a registered charity, all profits generated by UCIT are kept for its clients.
Knockbreda FC was formed in 1948 and its home is Breda Park on the Upper Braniel Road.
Phelim Sharvin, associate director at UCIT, said: “The addition of the new 3G pitch will not only benefit the players but also have a wider impact on the local community.”
“We are keen to ensure that sports clubs are aware of UCIT as a source of finance.
“Loans are available for many purposes including facility development, renewable energy projects, asset purchase and restructuring of existing bank debt.”
Since its foundation, UCIT has committed in excess of £50m to over 300 charities, community organisations and social enterprises.