It is understood that Athlone Town has received an anonymous donation of €500,000 to wipe out all remaining debts on the club's stadium at Lissywollen.

RTÉ Sport understands that the donor does not wish to be named.

After many decades playing at St Mel's Park, the midlanders moved to their new ground in 2007.

This season the club finished eighth in the Airtricity First Division.