Ever since Swansea City was promoted to the Premier League, they have been competing for the top 12 spots of the top tier English League but haven’t really managed to seal a European position that would allow them to participate in the Champions League or in the Europa League on a consistent basis.
However, this might change soon as Swansea City has new owners and they are expected to bring a new era for the Premier League club.
Earlier in June, it was confirmed that the American duo consisting of Jason Levien and Steve Kaplan have bought a controlling stake of 60% and they have big plans for Swansea City.
“Swansea City Football Club is delighted to confirm the takeover by Jason Levien and Steve Kaplan subject to the approval of the Premier League. Jason and Steve will lead an investment consortium which has acquired a controlling majority of the shares with several existing shareholders also maintaining a smaller stake in the club.
“Jason and Steve have vast experience in running sporting franchises in America. Jason is managing general owner of MLS side, DC United while Steve is the executive vice-chairman of the Memphis Grizzlies in the NBA. Both see the takeover of Swansea City as an exciting opportunity for long-term growth in the club in every area.’’ This was the statements that were released by Swansea City.
Jason Levien and Steve Kaplan are leading the investment group that opted to make this takeover and a few of the intentions that they have revealed of what is expected to be done are:
Expanding the Liberty Stadium, providing finance that can be used to invest in the roster and increase the quality of it as well.
With this recent takeover of Swansea City, fans of the club are having high expectations of what is to come in the near future.