Premier League football club Swansea City is close to agreeing a deal to take ownership of Liberty Stadium, according to BBC Wales.

The Welsh side has played at the 21,000-seat stadium since 2005 and currently shares the ground with the Ospreys rugby union club.

Swansea was taken over by US businessmen Jason Levien and Steve Kaplan in July 2016 and the pair have been working hard to secure a deal for the stadium, which is owned by Swansea Council.

BBC Wales said a 30-year lease could be agreed to over the next few weeks that would allow Swansea to explore the possibility of expanding the ground.

Swansea and Ospreys pay a peppercorn fee to rent the stadium from the Swansea Stadium Management Company (SSMC), which was set up by the two clubs and the council to oversee the running of the facility.

Council leader Rob Stewart said earlier this year that the SSMC is no longer fit for purpose due to the recent growth of the two clubs, with Swansea having played in the fourth-tier League Two as recently as 2005.

On the current situation, Stewart told BBC Wales: “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.”

Swansea’s owners’ plans for the ground are also said to include a naming-rights sponsor.

Swansea opened the 2017-18 season with a 0-0 draw against Southampton at the Liberty Stadium on Saturday.

Image: Christopher Elkins