Jason Levien and Steve Kaplan in process of selling Swansea City

Jason Levien and Steve Kaplan, who have been primary owners of Swansea City since acquiring a 68% holding in

2016 when the club was in the Premier League, are ready to sell their controlling position to a consortium made up

of existing shareholders and new investor Jason Cohen.

This initial purchase, worth around £100-£110 million, was later upgraded to an even larger controlling interest.

However, the sale represents a substantial shift in the club’s ownership structure.

The new group includes chairman Andy Coleman, who took on the post and became a key shareholder in May

2023, as well as Brett Cravatt and Nigel Morris, all of whom invested in the club last year. Jason Cohen, a business

colleague of Cravatt, is a recent addition.

The transaction is still subject to the approval of the English Football League (EFL).

According to BBC Sport Wales, Levien and Kaplan will lose a significant portion of their initial investment due to

the selling.

Cravatt confirmed to The Athletic that the group, which includes Coleman, Morris, and Cohen, will acquire the

outstanding shares owned by Levien, Kaplan, and their investors.

Coleman emphasised the importance of this shift, stating that it will deliver more than £20 million straight to

Swansea City. He emphasised that this financial infusion will offer a firm foundation for the club’s future,

promoting growth and stability.

“It is critical for Swansea City to move on from its previous owners,” Coleman added, thanking everyone who

worked together to make this happen.

Currently, Levien, Kaplan, Coleman, and American billionaire Jake Silverstein own 74.95% of Swansea City.

Morris owns 12.59% of the club, while the Swansea City Supporters’ Trust holds 9.42%, including a secured 5%

interest.

This restructure intends to improve the club’s financial health and align its ownership with individuals who are

committed to sustainable development and community involvement.

Fans and stakeholders are closely watching the transfer, hoping that new investments and management plans

would strengthen Swansea’s competitive edge and assure a bright future in the Championship and beyond.