A four-year-long battle between the district council and Racing Club Warwick appears to be finally reaching some sort of resolution.
But once the row over a new lease is resolved, Warwick councillor John Holland says there should be a public inquiry.
Trustees of the club have resorted to the county court to protect their interests in the site on the edge of the racecourse.
Chairman Andy Cowlard said: “Despite any rumours to the contrary, the future of Racing Club Warwick and our occupation of the ground at Hampton Road is secure.”
Mr Cowlard added: “Along with our solicitor we have recently held meetings with members and officers of the district council to explore schemes for the development of the club and its facilities.These will be not only for the benefit of ourselves and some eight local football teams who meet here, but for the benefit of the wider community.”
The dispute dates back four and a half years, to when changing rooms at the clubhouse were demolished and the Ministry of Defence was apparently offered part of lease. The MoD spent some £600,000 on building new accommodation for air cadets.
As the row escalated over Racing Club’s lease - which expired last September - the air cadets left their building which has stood empty for the last year.
Mr Cowlard said: “We have taken up the option contained in our lease to take a further 21 years.
“The district council had acknowledged that the option has been exercised and a new lease will be granted.
“We have also made an application to the county court to protect our security and right to the new lease.”
Cllr Holland (Lab, Warwick West) said: “Once the litigation is settled we need a proper public inquiry so residents can know exactly what’s gone on. I believe Racing Club trustees deserve our appreciation - the club needs vacant possession of the whole site and compensation should be paid.”