 The Admiral's Men, then playing in the nearby and aging Rose Theatre, suddenly faced stiff competition for Bankside audiences.At this point, the Admiral's manager Philip Henslowe and his stepson-in-law, the leading actor Edward Alleyn, made plans to move to Shoreditch; Alleyn appears to have funded the new theatre, later selling half-interest to his father-in-law.They paid £240 for a thirty-year lease on a plot of land between tenements on Golding and Whitecross Lane.