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Limerick to go bust with no lease

Limerick could go out of business at the end of this season unless they secure a lease on Hogan Park. 

Chairman Danny Drew warned that they will fold unless the current state of uncertainty surrounding the club is resolved by 1 December 2006. 

The Shannonsiders' 69-year history as a national league side is under threat because of broken promises made in relation to a long-term lease.

The Blues were told by Fr Joe Young, a trustee at the ground, in February of this year that he would grant them at least a 25-year lease on the ground.

Because Limerick don't have a lease, they cannot draw down over €400,000 in sports grants they have earmarked for development work at the venue.

Drew said: 'I will honour all the players contracts with the club up until the end of this season but I am giving it a December deadline and then I will step down in my present capacity unless we are granted a lease in our name. 

'Basically I can't do it all by myself and we need help, but none is forthcoming and we cannot move the club forward.'

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