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Swansea City Takes Full Control Of Liberty Stadium

The deal will allow Swansea City to explore expansion, naming rights and sponsorship.GETTY IMAGES

Premier League side Swansea City has "finally taken control of the Liberty Stadium," according to Nino Williams of WALES ONLINE. The club concluded talks with the Swansea Council and Pro14 side Ospreys by signing a new long-term lease agreement, "which means the Swans will take sole control of the Stadium Management Company, and all other stadium matters." The Ospreys will continue to play at the Liberty under the new deal. Swansea majority shareholders Steve Kaplan and Jason Levien said that the agreement will put the club "firmly in control of its own destiny -- on and off the pitch." Kaplan said, "This deal is a hugely important step towards the sustainability of Swansea City Football Club and certainly begins a pathway to stadium expansion, which we have always said was a key part of our plan for the club." Swansea City COO Chris Pearlman added, "It will now allow us to be more active in exploring the likes of stadium expansion, naming rights, sponsorship, catering revenue and enhancing supporters' matchday experiences." Included in the new arrangement is a commitment by the club to "fund the construction of two new 3G pitches in Swansea every five years for community use" (WALES ONLINE, 2/17).

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