Swansea.com Stadium Sale Deal Gets Council Backing
The deal gives Swansea City outright ownership, with promotion-related fees and retained ticket and hospitality benefits included in the terms.
4 Articles
4 Articles
SWANSEA.COM STADIUM: Sale to the Swans agreed — as council explains why the price must stay secret
Swansea City are to own their own ground. Swansea Council‘s cabinet agreed unanimously on Thursday to sell the freehold of the Swansea.com Stadium to the club — a deal the Swans say will safeguard their future. What the council is getting for it is still not public. When the cabinet papers were published last week, we reported that the price would be discussed behind closed doors. On Thursday, the council explained why. Chief legal officer Lucy …
Swansea City buys stadium from local authority
Richard Youle Swansea Council has agreed to sell the Swansea.com Stadium to Swansea City AFC, although the price paid has not been disclosed. Council leader Rob Stewart said the deal was worth more than the stadium’s “fair open-market value”. Cabinet members agreed unanimously to the sale, subject to a detailed heads of terms agreement, at […] The post Swansea City buys stadium from local authority appeared first on Nation.Cymru.
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