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NEWS
Swansea the latest Premier League club to attract US investors
POSTED 06 Jun 2016 . BY Matthew Campelli
Swansea City has been in the Premier League since 2011/12 Credit: Anthony Devlin/PA Wire/Press Association Images
The owner of Major League Soccer (MLS) franchise DC United has purchased a controlling stake in Premier League club Swansea City.

Jason Levien, managing general owner of the Washington-based team, has acquired around 60 per cent of the Welsh club in a consortium with Steve Kaplan, executive vice-chair of Memphis Grizzlies in the National Basketball Association (NBA).

Former majority shareholder Huw Jenkins will remain in an executive role and will retain an ownership stake in the club. The 21 per cent ownership stake held by the Supporters’ Trust remains unaltered.

A statement made by the club said the deal represented an “exciting opportunity for long-term growth in the club in every area”.

“There is a huge level of respect for and a huge desire to build on the outstanding work of Huw Jenkins and his fellow board members who, alongside the Supporters’ Trust, rescued the Swans and transformed them into a highly-respected Premier League club,” it added.

The deal now needs to be sanctioned by the Premier League. If, as expected, it gets the green light, the American pair will be the latest US businessmen to take control of Premier League clubs.

Arsenal (Stan Kroenke), Aston Villa (Randy Lerner), Liverpool (John W Henry), Manchester United (the Glazer family) and Sunderland (Ellis Short) are all owned by US businessmen.

Earlier this year, Crystal Palace won investment from David Blitzer and Josh Harris, who own the National Hockey League’s (NHL) New Jersey Devil and the National Basketball Association (NBA) franchise Philadelphia 76ers.
RELATED STORIES
  Crystal Palace poised for investment from US business duo


David Blitzer and Josh Harris, the co-owners of the National Hockey League’s (NHL) New Jersey Devils, are on the verge of taking a stake in Crystal Palace Football Club.
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
+ More news   
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Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Taylor Made Designs

Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
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23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
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Wellness Destination AI Tech Summit – Tourism, Hospitality & Real Estate, 28-29 Sept 2026

Grand Ballroom, METT Singapore, Singapore
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Jobs    News   Products   Magazine   Subscribe
NEWS
Swansea the latest Premier League club to attract US investors
POSTED 06 Jun 2016 . BY Matthew Campelli
Swansea City has been in the Premier League since 2011/12 Credit: Anthony Devlin/PA Wire/Press Association Images
The owner of Major League Soccer (MLS) franchise DC United has purchased a controlling stake in Premier League club Swansea City.

Jason Levien, managing general owner of the Washington-based team, has acquired around 60 per cent of the Welsh club in a consortium with Steve Kaplan, executive vice-chair of Memphis Grizzlies in the National Basketball Association (NBA).

Former majority shareholder Huw Jenkins will remain in an executive role and will retain an ownership stake in the club. The 21 per cent ownership stake held by the Supporters’ Trust remains unaltered.

A statement made by the club said the deal represented an “exciting opportunity for long-term growth in the club in every area”.

“There is a huge level of respect for and a huge desire to build on the outstanding work of Huw Jenkins and his fellow board members who, alongside the Supporters’ Trust, rescued the Swans and transformed them into a highly-respected Premier League club,” it added.

The deal now needs to be sanctioned by the Premier League. If, as expected, it gets the green light, the American pair will be the latest US businessmen to take control of Premier League clubs.

Arsenal (Stan Kroenke), Aston Villa (Randy Lerner), Liverpool (John W Henry), Manchester United (the Glazer family) and Sunderland (Ellis Short) are all owned by US businessmen.

Earlier this year, Crystal Palace won investment from David Blitzer and Josh Harris, who own the National Hockey League’s (NHL) New Jersey Devil and the National Basketball Association (NBA) franchise Philadelphia 76ers.
RELATED STORIES
Crystal Palace poised for investment from US business duo


David Blitzer and Josh Harris, the co-owners of the National Hockey League’s (NHL) New Jersey Devils, are on the verge of taking a stake in Crystal Palace Football Club.
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
+ More news   
 
COMPANY PROFILES
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Taylor Made Designs

Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
28-29 Sep 2026

Wellness Destination AI Tech Summit – Tourism, Hospitality & Real Estate, 28-29 Sept 2026

Grand Ballroom, METT Singapore, Singapore
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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