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Wales Online
Wales Online
Sport
Ian Mitchelmore

Russell Martin reveals he's met with interested Swansea City investors as club close in on further cash injection

Russell Martin revealed Swansea City's owners are hopeful that further investment will come into the club in the near future.

Jason Levien, Steve Kaplan and Jake Silverstein have converted three sets of loan notes - worth a combined total of around £19m - into equity in the club in recent years while their shareholding further increased this week after an additional £1m was pumped into the club.

It's understood the club's ownership group have held regular talks with new potential investors over recent months, and they are now thought to be close to receiving fresh funds.

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And Martin is hopeful that the investment will ensure the club can have a more successful transfer window in the summer than they had in January - a month in which they failed to sign a single player.

"I speak to them (owners) regularly," he said. "I think the club is really hopeful, as are the owners, that there'll be more than that (this week's £1m) to come into the club and hopefully very soon.

"It's not my job to say but I think we're really positive that we can maybe have a bigger impact financially than we have done. I don't think it's going to change the landscape hugely but maybe if something does come in it'll help us a little bit.

"It'll definitely help the club moving forward to be sustainable in itself. We'll just have to wait and see on that.

"I think the club will announce something when it's ready and when it's all done. I feel really positive about that and I think everyone else does as well."

Following what was a shambolic opening month of the year off the pitch, Martin stated the club needed to be fully aligned from top to bottom to avoid a repeat of their transfer woes.

And while he does not anticipate a huge summer spending spree, Martin is confident that the expected injection of cash will help the club in their quest to return to the Premier League.

"I don't know know how much it is or exactly when it's coming, but I know there's been really positive talks on it," Martin added.

"I've met a few of the guys myself. We're not going to spend loads of money on players, but I think, what it does give us is a plan and a strategy which will be more well rounded and probably a bit clearer than ones we've worked to previously. I don't mean that as any criticism, that's on us as well.

"Hopefully it'll give us a bit of clarity moving forward, not just on this year, but on the next couple of years and what the plan is."

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