Despite the financial agreement it would be some time before a determination of a site for the work.
"But there is no signed contract and no financial agreement."
But he added that no specific financial agreements had been reached.
The exact terms of the financial agreement were not disclosed by either gallery.
Another point which concerned the players was the lack of a minimum financial agreement.
He said the partnership would be "based on financial agreements and management methods."
This statement was followed on 18 December 2008 by a financial agreement.
We had to arrive at a financial agreement before he would give up anything.
Put another way, financial agreements are always set-up for a specific period of time, and correctly so.
"The Austrians don't really want a fair financial agreement," he said.