Dublin's 25,000-seater stadium talks ongoing but no sign of deal being finalised
NEGOTIATIONS for Dublin GAA to purchase the Spawell complex in Templeogue are ongoing, though there is no sign of the deal being finalised.
Discussions between Dublin and a Davy-managed investment fund have been protracted and reports today that an agreement will be signed before the end of the month appear premature.
County board GAA chiefs, whilst optimistic of a successful resolution, are reluctant to comment while deliberations are ongoing.
Dublin GAA previously bid for the 35-acre site in June 2015 but lost out to what Dublin GAA CEO John Costello later called “a speculative investment fund which had submitted a slightly higher bid.”
The property originally went on the market with an asking price of €6.5m and though Dublin bid considerably more than that, they failed to land the site.
The investment fund outbid Dublin by approximately €500,000 in a private treaty sale.
If successful, the initial plan is to build four full-size pitches and support facilities.
The construction of a 25,000-stadium to facilitate inter-county games currently too big for Parnell Park and too small for Croke Park is understand to be the final phase of the project.