
Speculation that the property, bought by the Ballinruan man two years ago for €750,000, was set to become the six-time champion jockey's training base when calling time on his race-riding career was sparked when he and a business partner submitted a planning application to carry out extensive work on the site.
However, asked by the Racing Post whether he planned to train there himself, Fallon said: "Oh God no. The place was bought as an investment and we just wanted to clean it up for breeding purposes more so than anything else."