Word from my source is that Martin Lee has completed the purchase of the club for an undisclosed fee. The originally quoted price of $5 million was not final - as FFA wanted to recoup some of their costs lost on the club. It is believed that the fee is somewhere around the $7.3 million mark.

Club will also announce a new CEO who is none other than ex-gypo coach - and current mayor of gypoland - Lawrie McKinna.

McKinna is the one who helped broker the deal after Lee originally came to Australia with the intention of buying the scum - however he was put off by Mike Charlesworth's $15 million asking price for the club.

Oh and he also realised Gosford is a dump.