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Swansea City.

Swansea City in advanced talks over £100 million American takeover

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Swansea City are on the brink of a £100 million American takeover involving MLS side DC United, according to the South Wales Evening Post.

Part owner Jason Levien and his investment group are reportedly excited by the prospect of expanding their network to the Premier League.

A DC United spokesman said regarding the potential deal: "DC United's managing general partner, Jason Levien, is finalising, with an investment group, the purchase of a controlling interest in Swansea City of the English Premier League.

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"This is an exciting opportunity for the club and will provide United an even greater network within the international soccer community."

Levien has previously been involved in deals with the NBA's Memphis Grizzlies and the Philadelphia 76ers, and now has his sights set on buying Swansea before the end of the season.

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The Welsh outfit also issued a statement regarding the potential deal. It said, as per the Independent: "Swansea City Football Club can confirm it is working to finalise to bring in a new majority shareholder.

"Board members have discussed an agreement which will see Steve Kaplan and Jason Levien and their investment group acquiring a controlling interest in the club.

"Chairman Huw Jenkins and vice-chairman Leigh Dineen will remain in their management leadership roles of the club.

"Talks will continue with the aim of an agreement to be ratified by the end of the season."

FBL-ENG-PR-SWANSEA

A potential takeover at the Liberty Stadium will come as welcome news to Swansea fans, whose side have endured a difficult season in the Premier League.

The Swans currently sit 12th and ten points off a Europa League place, which they should arguably be challenging for following their eighth-placed finish last campaign.

Things are certainly on the up, though, having won four of their last six Premier League fixtures, including a 1-0 victory over Chelsea on Sunday.

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Topics:
Wilfried Bony
Swansea City
Gylfi Sigurdsson
Europa League
Football
Premier League
Ashley Williams

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