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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.
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Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
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.
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McKinsey: 84 per cent of consumers say wellness is a top priority
Eighty-four per cent of consumers now say wellness is a top priority in their lives, with this percentage increasing year on year, according to a preview presentation of McKinsey’s Future of Wellness 2026 research report.
Protests continue in Albania against US$1.6 billion luxury resort backed by Jared Kushner and Ivanka Trump
Mass protests have been taking place since Monday 1 June in Albania over the development of a luxury resort by Donald Trump’s daughter Ivanka Trump and her husband Jared Kushner.
Barons Eden rebrands to Hiddenwell ahead of spa hotel portfolio expansion
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Meet Desert Therapy: Aromatherapy Associates' first new blend in seven years
There is a particular quality of stillness found only in the desert. [more...]

Introducing Glass Act by Templespa
Introducing Glass Act, your new go-to eye serum for brighter, smoother, beautifully awakened eyes. [more...]
+ More featured suppliers  
COMPANY PROFILES
Templespa

Templespa was founded in 2000 by Liz and Mark Warom, seasoned entrepreneurs with a proven track reco [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

21-23 Jun 2026

Spa Life International (UK)

Midlands (Venue TBA), Liphook, United Kingdom
22-22 Jun 2026

World Bathing Day

Worldwide,
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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