SWANSEA CITY CONSIDERING LIBERTY STADIUM PURCHASE

Swansea City are considering buying the Liberty Stadium outright from the local council.

The deal could be worth between £20million and £25million should the Swans pursue the idea, but any purchase will depend on significant investment from overseas.

The club had planning permission for the venue granted a year ago to expand its capacity from just under 21,000 to 33,000, and buying the Liberty would also give them an opportunity to sell naming rights.

There had been concerns over the affect any bid for the stadium would have on rugby union outfit the Ospreys, who share the ground with Swansea, but there is a 50-year lease in place that allows the club to remain at the facility.

No official approach has yet been made by either the Welsh club or the Swansea City council, but the latter would be open to talks: "No formal talks have taken place with the Swans but we'd welcome such a discussion, if approached,” a spokesman said.

"Any potential sale of the Liberty Stadium in future would need to realise best value and also provide for the best interests of the Ospreys as the stadium's other users."

Posted on 23/01/2015