To be really technical about it Dundalk own buildings, fixtures and fittings on land owned by the Casey Trust on long term lease to the club (80+ years left?). Hence how Gerry was able to threaten to demolish buildings (some might claim that wouldnt have been a bad thing) if he didnt get his pound of flesh and the Casey's couldnt have stopped him. As for the lease being practically held to ransom, well it got sorted but was an unfortunate end to the saga of a former owner that contributed a lot to the club - hopefully history will be a bit tad kinder on his tenure.