But in a statement sent to the Trust, the consortium said it wants to invest in the youth programme, infrastructure and the coaching and playing staff.
The minister said this was not true, adding that nearly 60% of Invest Northern Ireland funding in the previous programme for government period went to small and medium-sized businesses.
We want to improve the environment and facilities here, we want to develop a programme of extracurricular activities and we need to invest heavily in marketing the school to attract new pupils.