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American duo completes Swansea takeover

Swansea City is under new ownership, having been taken over by Americans Jason Levien and Steve Kaplan.

American businessmen Jason Levien and Steve Kaplan have completed their takeover of Swansea City, the club confirmed on Sunday.

The duo will lead an investment consortium which has acquired a controlling majority of the shares, with several existing shareholders taking a reduced stake in the club.

While the size of Levien and Kaplan's stake has not been announced, they were reported to be chasing 60 per cent.

Swansea City Supporters Trust's 21.1 per cent stake is unaffected by the takeover, while chairman Huw Jenkins will continue to run the Liberty Stadium outfit.