Swansea City club statement
9th April 2016
Swansea City Football Club can confirm that it is working to finalise an agreement to bring in a new major shareholder.
Board members have discussed an agreement which would see Steve Kaplan, Jason Levien and their investment group acquiring a controlling interest in the club.
Chairman Huw Jenkins and vice-chairman Leigh Dineen would remain in their management leadership roles within the club.
Talks will continue with the aim of an agreement being ratified by the end of the season.
Huw Jenkins said: "We believe we have a proposal which will help Swansea City progress both on and off the field."
The club will endeavour to keep supporters informed of developments, but no further comment will be made at this stage.