As of about 10 minutes ago the Yanks have announced in the NewYork Times that they have agreed to sell the club, making over a $100 million lose! DISCUSS.....
Well, if I were the " Yank owners " I would close the Club down, turn The Liberty into a Mosque, and listen to the whingers squeal.
Golden opportunity now for the anti " Yank " brigade to form a consortium, and put THEIR money where their mouths are. Thought not.
The deal is done and the good news is that the new Yanks are injecting £20m in cash - sufficient to pay for this year’s losses ….. as someone who is closely associated with the club said during our conversation on this transaction earlier today
"I wanted to share an update with you all personally on the news that broke last night. As you know, I along with Brett Cravatt, Jason Cohen, and Nigel Morris are buying out Steve Kaplan, Jason Levien, Jake Silverstein and all their investors. We’re also excited that new partners are joining us in making a major new investment in the club. "While we await EFL approval, we’re excited about the significant opportunities our new ownership group will bring to Swansea City. We believe this marks a truly exciting new beginning for the football club. I can’t wait to share our plans in the days and weeks ahead. "For now, all our focus is on the game against Burnley on Sunday! I hope to see you there!" Andy Coleman, Chairman of Swansea City AFC
Nor I I but isn't it nice to be dreaming nice thoughts instead of the doom and gloom we've experienced during the yanks tenure, A couple of new names added to the pot with City connections could make the future seem bright if not brighter. Any way hopefully that's the last we'll hear anything about DC United .
AC said he would see us up at Turf Moor...didnt see him unless he was in the Directors Box and could see us lol
Swansea City is delighted to announce a new era for the club, having received EFL approval today for a change to the club's majority ownership. Club Chairman Andy Coleman, Brett Cravatt, Nigel Morris and Jason Cohen have purchased the remaining shares of Steve Kaplan, Jason Levien, Jake Silverstein and all their partners, with Coleman continuing to lead day-to-day operations at the club. As part of this ownership transaction, Andy, Brett, Nigel, Jason and other valuable partners are injecting more than £20 million into the club. This new funding provides the club an important foundation of stability, will cover the operating costs of the club for the foreseeable future, and enable strategic investments in the first team. The new ownership group is committed to continuing to build around the Swansea Way football philosophy and ensuring alignment from the first team through the Academy. There will be a strong emphasis placed on making data driven decisions that support the club both on the pitch and in its player recruitment efforts. The club is creating a durable infrastructure to support a high-performing first team and Academy environment. And it is committed to developing a self-sustaining model for women’s and girls’ football that allows the game to grow and thrive while providing new opportunities for girls across Wales to play the game they love. With the ownership change, Swansea City is excited to announce the addition of four investors to the club’s Board with Jason Cohen, Tyler Morse, George Popstefanov, and Chris Sznewajs. These new Board members are set to play a pivotal role in shaping the club's future.
League status fallen, season ticket numbers falling, attendances falling, League position falling - yep, the Kaplan and Levien era left us in a better state than when they took over ….
