Swansea takeover announced after being hit by delay

Date published: Thursday 21st July 2016 9:10

Swansea City: Have new American owners

Swansea City: Have new American owners

Swansea City have announced via their official club website that their takeover by an American consortium has finally 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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