South Wales are moving to Llanelli's Stebonheath Park after a change of ownership
The Rugby Football League has approved a takeover by Andrew Thorne, owner of West Wales Raiders RLFC, which will see the nomadic Kingstone Press League 1 club move to Llanelli's Stebonheath Park with immediate effect.
From next season they will play under the name - West Wales Raiders.
Thorne said: "I am immensely pleased and proud to have agreed a deal to take over the club and I believe that it's about time the club has a place of its own and have the ability to lay some roots."
Wales Rugby League chief executive Chris Thair said: "It is absolutely essential now the club has a sustained period of stability, builds for the long term and remains in the same community."