CONFIRMED: Swansea City announce American takeover is complete

22 Jul

Swansea’s takeover by an American consortium has been completed.


The consortium led by Steve Kaplan and Jason Levien has bought a 60 per cent stake in the Premier League club.

The reported £110million deal, which received Premier League ratification on July 1, was completed on Thursday night after a press conference to announce the purchase earlier in the day was postponed because of a dispute between two minority shareholders.

In a joint statement on the official Swansea website, Kaplan and Levien said: “We recognise this club means so much to so many people and we take the responsibility as owners very seriously.”

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