RHYL FC have released an update regarding their ongoing desire to purchase their ground.

The Lilywhites’ made a significant financial offer above the valuation set from a recent evaluation of the site to the owner, and the JD Cymru North side issued a statement outlining that it has been “acknowledged by the owner”.

A dialogue will now be opened up between the owner, who has not been named, and Lilywhites’ chairman Paul Higginson with a view to progressing the matter in the coming weeks.

The Educate Group Stadium has been home to Lilies’ since 1899 but leasing the facility is currently hampering their progress on and off the field, with running costs coming to £4,000 a month “before any footballing issues are considered”.

This includes elements such as rent, utility bills and insurance, and there is no external funding available to the club without a long-term lease on the ground.

The current agreement is due to end in four years, and Higginson told a supporters’ meeting on December 30 that “it was not clear” what would happen following this period.

The land occupying the ground was sold on the premise that it remains a sporting and leisure site, but given the comparatively short timescale towards the end of the lease the club would need to start to “consider its wider options”.

The club statement added that it would provide more information about any outcome from the upcoming talks between chairman and ground owner as soon as they become available.