The land originally used to build the unnamed arena was purchased by the group at a foreclosure sale for $100.

Anyone may bid on properties sold at a foreclosure sale.

The foreclosure sale purchaser must petition a court for a decree that cuts off any junior lien holder's rights to redeem the senior debt.

Despite improvements to the land, including construction of his home, title in the land remained in doubt due to the purchase via a foreclosure sale.

If none of these actions are taken, a foreclosure sale will take place.