Originally Posted by
oriel
Well in terms of the take over back in 2012, I think the current owners bought the entity and probably what they understood was that the lease would automatically be included as has been the case in any previous take over with DFC. GM has retained this though, the current owners pay a (nominal) lease to Des Casey (owner) direct, but as the actual lease is physically still held by GM, they are in effect 'sub leasing'. There can be no doubt that GM only went looking for payment for it as he thinks the club is cash rich. On that, it appears they are not as much as people think, wages are not moderate plus waiting long periods for the actual prize money often sees a lot of it spent before it arrives, this would be the same for most clubs.
It is very confusing, but the core issue still remains, regardless of the current arrangement, until the current owners get the lease passed over into their name in terms of owning it, they cannot proceed with any redevelopments.