I read the Committee report months ago when you first pointed it out to me. The Town of Vincent should never have made the investment in the first place because they could not deliver the full package. Effectively the investment is worthless as soon as Glory's deal runs out. They should cut their losses and run and not get involved in stuff they can't afford in future.
You have to blame the state government as well.
In 2004 there intentions are to only upgrade MES for the bare minimum and commit to a final capacity of MES of 20,000. No larger at all. They wanted to not overlap Subiaco Oval in bids for events...
The development is basically built to the desires of Nick Tana and Perth Glory, they build a shed for the Glory and do not think about any other sport.
They did not think World Cup Soccer, they didn't even think Super 14.
Gallop than promised a stadium to get the Western Force. This changed the plans of rectangular sport when he saw the massive surge in interest of Rugby Union.
But when MES was built it was thought of as a venue needed by only one sport and Gallop as a premier did not even want to spend money on Subiaco. He was forced when the WAFC nearly went bankrupt - luckily for them the WAFC is a government run committee so it was easy to pay off the loan and not have to repay it.
As what Gallop was trying to do before.
WAFC went on redevelopment without government backing - nearly went bankrupt
WACA went on redevelopment without government backing - nearly went bankrupt
WA Womens Hockey went on redevelopment for Hockey World Cup - nearly went bankrupt
All of them had to be bailed out, with other than the WACA a non payable loan back.