Project: Investment

Old Loughtonians Hockey Club

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find out more:

Eleri Lavender
Investment Manager


Pitch Together Fund invested £250,000 into Old Loughtonian Hockey Club to replace their two artificial grass pitches.

Old Loughtonian Hockey Club is an established Hockey club based in Loughton, Essex.

Old Loughtonians Hockey Club (OLHC) offers inclusive opportunities for people of all ages and abilities. From the free Mavericks community coaching programme for children, to Back to Hockey and Walking Hockey sessions for adults, the club is committed to making hockey accessible to everyone. Working with local state and SEN schools, OLHC provides free taster sessions, PE support and holiday camps, OLHC plays an important role in their local community and has ambitions to continue expanding their access to the local community and providing opportunities for more people to enjoy sport in an inclusive and welcoming environment.

Pitch Together Fund support included:

  • Pitch Together provided a loan of £250,000 at an interest rate of 6% to support the upgrade of two AGP Facilities.
  • A £34,000 grant towards the reuse of the old pitches, to ensure they were not disposed of in landfill.
  • Support throughout the application and due diligence process

 

Sporting Assets led on the due diligence process and the assessment of OLHC’s financial forecast.

Outcome

As a direct result of investment from the Pitch Together Fund, Old Loughtonians Hockey Club has developed two high quality, sustainable facilities that support multi sport use and promote inclusion, enabling more people to enjoy and benefit from being active.

£250k

Secured debt finance

8 Years

Loan term

50%

Match funding

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