Dublin City Council has said the door remains open to Shelbourne Football Club to enter into an arrangement in relation to the sharing of Dalymount Park with Bohemians FC after the council acquired the grounds for €3.8 million.
The deal brings the Phibsborough venue into public ownership, with plans to redevelop the facility as part of the city council's overall plan for the area.
Councillors gave a broad welcome for the deal at their monthly meeting last night.
Deputy chief executive Brendan Kenny said the council had not concerned itself with debts that Bohemians had, but had asked the club to do a deal on its debts. The club had achieved an overall write-down in its debts of about €1 million.