Global Edition

Irish bank funds Ascot clubhouse

12.10am 13th October 2004 - Course Development

Allied Irish Bank (GB) has made funds available for the building of a new clubhouse at the Royal Ascot Golf Club. Founded in 1887 the Royal Ascot Golf Club is the oldest golf club in Berkshire and one of only 60 Royal Golf Clubs in the world. The new clubhouse will complement a new course currently being constructed on the same site, which is adjacent to the Royal Ascot racecourse.
Allied Irish Bank (GB) is a trademark used under licence by AIB Group (UK) plc, a wholly owned subsidiary of Allied Irish Banks plc, which has one of the strongest capital bases of any bank in Britain and Ireland.
David Stygall, senior manager at the Bank’s Reading office, said, “The new golf-course is being built by the Ascot Authority, with whom we have had considerable involvement. It was this relationship, coupled with our knowledge of this thriving business sector, that secured our agreement with the Royal Ascot Golf Club.”
Ian Ruddick, a director of the Royal Ascot Golf Club, said, “It was clear to us that Allied Irish Bank (GB) had a great deal of experience in the golfing and leisure sector. It was encouraging to find ourselves talking to people who understood our business needs and refreshing to receive such a speedy response to our application. The bank’s policy of empowering its local managers to make decisions made a welcome change from our experiences with other banks.”
The new clubhouse has been constructed and is currently being fitted out. The course is now well established, and the greens, fairways and tees are being prepared for play which will commence mid summer 2005.
HRH Prince Andrew, the Duke of York, Club Captain of the Royal & Ancient Golf Club of St Andrews, has kindly agreed to be Patron of the Royal Ascot Golf Club.
Allied Irish Bank (GB)

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