Swansea Council have agreed to sell Swansea.com Stadium to EFL Championship club Swansea City.
The BBC said Swansea City have been in discussions with the council over the proposed purchase of the venue.
The local authority built the £27 million stadium, with the Swans taking operational control of the ground in 2018.
Swansea City Association Football Club is a Welsh professional football club based in Swansea, Wales. Though based in Wales, they play in the English football league system and compete in the Championship, the second tier of English football.
Swansea have played their home matches at the 21,088 capacity Swansea.com Stadium (formerly known as the Liberty Stadium) since 2005, having previously played at the Vetch Field since the club was founded.
A report put before cabinet said: “Following lengthy negotiations, terms and conditions have been tentatively agreed which generate a large purchase price, plus additional contingent fees in the event of promotion, as well as retained ticket and hospitality benefits.”
The club’s ownership of the stadium creates new opportunities to increase income, attract investment and support its long-term ambitions while benefiting the city as a whole.
While the Club has played at the stadium for over 20 years, and held the lease since 2018, with Swansea City now being the only team playing at the venue it makes sense operationally and financially for the club to buy the stadium and to hold the asset in its own right.
Swansea City chief executive Tom Gorringe said: “This is a highly significant moment for Swansea City as, after over two decades playing at the Swansea.com Stadium, we move towards taking outright ownership of the ground.
“I want to place on record our thanks and gratitude to the Council and their representatives for helping us to reach an agreement which is positive for all parties.
“Owning the Swansea.com Stadium is of major strategic benefit to the football club, and we look forward to completing the purchase in due course.”
Council Leader Cllr Rob Stewart said: “The council wants the Swans to succeed and return to the Premier League.
“When Swansea City succeeds, the benefits extend far beyond the stadium. Local businesses benefit from increased footfall, jobs are supported, the city gains valuable international exposure, and communities enjoy a renewed sense of pride and optimism.”
Labour councillor Stewart said the owners of Swansea City – whose investors in the American-owned club include Real Madrid and Croatia star Luka Modric and hip-hop musician and businessman Snoop Dogg – wanted to get the club back into the Premier League and invest in the stadium and create a better fan experience.
“It’s very difficult for them (the football club) to do that if they’re not in control of the asset,” Stewart said.
Originally known as the Liberty Stadium after construction, the venue initially provided a modern ground for both the city’s football club and the Ospreys rugby union team.
Its opening in 2005 and coincided with a hugely successful period for Swansea City, culminating in a seven-year stint in the Premier League between 2011 and 2018.
Stewart said taxpayers did not receive any rent from the stadium until the lease arrangements were changed in 2018, when the Swans became the lead tenant and Ospreys the sub-tenant.
He said the council did not normally like to give up its assets, but felt on balance it was the right thing to do on this occasion, adding the authority would retain planning control for things like new developments in the area around the stadium.
Speaking in the days before the council agreed the stadium sale, Swansea City chief executive Tom Gorringe said: “This is a highly significant moment for Swansea City as, after over two decades playing at the Swansea.com Stadium, we move towards taking outright ownership of the ground.
“Owning the Swansea.com Stadium is of major strategic benefit to the football club, and we look forward to completing the purchase in due course.”
Swansea have been the sole occupants of the Swansea.com Stadium since Ospreys relocated in 2025, playing temporarily in Bridgend while development of the sports ground at St Helen’s in the south of Swansea took place.
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