Get all your news in one place.
100's of premium titles.
One app.
Start reading
Wales Online
Wales Online
Sport
Ian Mitchelmore

Swansea City's summer transfer plan as major surgery needed amid expected exits

Swansea City's debt has been reduced as a result of their agreement that will see the ownership group increase their stake in the club.

On Tuesday night, it was confirmed that £6m worth of shares had been issued to Jason Levien, Steve Kaplan and Jake Silverstein, with loan notes due to be converted into equity as per an agreement reached in 2020.

On the face of it, a cash injection can only be seen as a positive for the Swans - who, like many others, are losing millions every single year, particularly clubs outside of the Premier League.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.