Limerick set to lose Hogan Park lease

[LFC in Exile]

First off 25 years is too short.

A 25 year lease gives an automatic rigth of renewal. Irish land law provides a rigth of renewal on any lease over 5 years (which is why the current one is not more than 5 years). Which essentially means a 25 year lease is indefinite.

[4tothefloor]

Good points are:
- Potential for a proper stadium
- Development in conjunction with FAI, means it mightn't be all our own money ploughed in.
- Which gives us breathing space to develop the team/club.
- Potential base for Centre of Excellence - can only benefit us. We have the NTC out in UL in Limerick too.
- FAI are sound tennants with our best interests at heart.
- Worst case scenario in future would be Drew walking away (anything is possible in Limerick football). With FAI as tennants at least we don't have to worry about the ground.

Bad Points:
- 25 years is not enough. Leaving ourselves open to more uncertainty in the future.
- As I said in another thread, and JohnD here, What happens if the current trustees are no longer alive/involved in the future?
- Will Danny Drew be happy with this outcome?


Overall, I'm all for it considering the situation we're in. I think young is offering it to the FAI to spite Drew, for whatever reasons. It's like saying you can have your cake Danny, but you can't eat it.... I still firmly believe that we would be better off out of the place and start somewhere else, but reality means we can't afford it. It looks like this is our lot, and it's not bad if we get a proper stadium out of it. The area around Rathbane is improving slightly with the hotel development and the future housing development. Hopefully in a few years it'll be a lot more attractive than it is now, and we'll have a decent ground in the middle of it.

[LFC in Exile]

Bad Points:
- 25 years is not enough. Leaving ourselves open to more uncertainty in the future.
- As I said in another thread, and JohnD here, What happens if the current trustees are no longer alive/involved in the future?

As I said above 25 years is essentially an indefinite lease because it has an automatic right of renewal. So it doesn't matter who is no longer alive/involved in 25 years - the owners of the land will have to renew.


- Will Danny Drew be happy with this outcome?

Who cares?


I think young is offering it to the FAI to spite Drew, for whatever reasons.

I think you're right. But that doesn't make it a bad outcome.

[4tothefloor]

Who cares?
Well Danny Drew is still our chairman and the one who is bank rolling the club, not the FAI! Is it part of his business plan to be a tennant?

Apparantly Young signed it to the FAI to secure the future of all levels of football in the city, according to the Limerick Independent today. What that means I don't know, but it sounds like we could have our own version of Turnes Cross, with the ground acting as a football headquarters for Limerick. So maybe lots of Junior/Schoolboy finals to be held there as well? Could the LDMC be brought on board if that's the case? Hard to say at the moment....

[joeSoap]

Well Danny Drew is still our chairman and the one who is bank rolling the club, not the FAI! Is it part of his business plan to be a tennant?....Probably not, but there is no other viable alternative. He was always going to be a tenant anyway, the only difference now is that the FAI is the landlord now, not Joe Young or Peter Hogan.



Apparantly Young signed it to the FAI to secure the future of all levels of football in the city, according to the Limerick Independent today. What that means I don't know, but it sounds like we could have our own version of Turnes Cross, with the ground acting as a football headquarters for Limerick. So maybe lots of Junior/Schoolboy finals to be held there as well? Could the LDMC be brought on board if that's the case? Hard to say at the moment....Surely that can only serve to benefit the game all round. It certainly hasn't done any harm to Cork City's fortunes in Turners Cross. The concerns of all of us were that the club would not have a long term home. Now it will have. It might have financial implications for the success financially of JRM Sports, but to be quite honest, I don't think anybody really gives a damn, apart from those at JRM Sports. The fans first and foremost want to have a club with a solid future, now we can have it. Thats the most important issue.The ball now is very much in Danny Drews court,. He has been thrown a huge lifeline whereby Limerick FC can prosper. If his ambitions and love for Limerick FC are as true as he says they are, he will grab it and prosper.If he starts a crusade, then we will see that they are probably selfish.

[JoeyFantastic]

I think it's great news, relatively speaking. The FAI are likely to want to improve the grounds just as much as Limerick FC are, the FAI will have financial clout to improve facilities in almost every way, from pitches to security.

On the other hand, it might mean that Limerick have to allow other teams part-use the facilities, but on the whole, that should only improve the standard of football in the entire area.

[LFC in Exile]

On the other hand, it might mean that Limerick have to allow other teams part-use the facilities, but on the whole, that should only improve the standard of football in the entire area.

At present Hill Celtic also use the facilities - and they play a lot more matches on it than would be the case if LDMC finals etc are played on it.

Also, 4tothefloor says we might end up with our own verison of Turners Cross - well, I dream of Limerick FC playing in a replica Turners Cross in Limerick. :)

[4tothefloor]

Also, 4tothefloor says we might end up with our own verison of Turners Cross - well, I dream of Limerick FC playing in a replica Turners Cross in Limerick. :)
Nah, we'll have a better ground than the langers ;)