Premier League

Swansea City attracting US interest ahead of major takeover

Swansea CityThe normally quiet Swansea fan are anxiously waiting for official confirmation near the Transfer Tavern TV as there is news of a US investment coming in.

The Guardian reports that the British club are selling their shares to american investors as the owners look to cash in on a healthy profit.

The Welsh club was bought by a variety of shareholders at a cut price deal of £1 million. Now, as the club continues to grow, some American investors are willing to bid £100 million for the rights to Swansea football club.

None of the shareholders have announced that they are willing to sell and of their shares. However, with the interest of oversea’s investment, the shareholders may be tempted to sell their shares for a huge profit.

According to the Guardian, Huw Jenkins has signed a deal in principle that allows 8 shareholders to sell most of their shares to US sports team investors Stephan Kaplan and Jason Levien.

Most Swansea fans in the tavern will be delighted by the fact that the supporters trust shares are not up for sale and that if the Investors do intend to buy shares they will keep Huw Jenkins as the chairman of the club.

Swansea fans… should your club sell its shares overseas? Or should things remain as they are? Comment bellow with your opinions!

Like what the TT have on offer? Sign up for more notifications!
To Top