World Places and News

Swansea City FC ‘very close’ to Liberty Stadium deal

Swansea City FC ‘very close’ to Liberty Stadium deal

Swansea City FC ‘very close’ to Liberty Stadium deal
August 12
11:22 2017

Image copyright
Getty Images

Image caption

Swansea council built the stadium which opened in 2005 at a cost of £27m

Swansea City FC is “very close” to agreeing a deal to take over ownership of its Liberty Stadium home, BBC Wales understands.

The Swans’ new American owners have been locked in talks with the city’s council which built the £27m venue.

The club and the Ospreys have played there since 2005, paying a nominal rent to the management company that runs it.

A 30-year lease could be sealed over the next few weeks allowing the club to explore more commercial opportunities.

That could include stadium naming rights and a possible expansion of the ground, which currently holds 21,000 spectators.

Swansea council leader Rob Stewart previously said Swansea Stadium Management Company (SSMC) – the body running the stadium, which is a partnership between the council, Swans and Ospreys – was “not fit for purpose anymore” following the success and growth of both clubs.

On the latest talks, he said: “We have had a series of very productive meetings and are getting close to a deal that works for everyone.

“I’m hopeful we can close that deal soon.”

A Swansea City spokesman added: “Discussions are ongoing with the council. However there are still a lot of details to finalise.”

The Swans kick off the new Premier League season at Southampton on Saturday.

Source link


About Author



Related Articles

7000’s PLR eBooks, Audios, Videos Only $1

——>> Find Best Offers

Site Statistics

  • Users online: 4 
  • Visitors today : 647
  • Page views today : 5,254
  • Total visitors : 94,478
  • Total page view: 886,401