Report: Landon Donovan joining Swansea City ownership group
Retired U.S. soccer star Landon Donovan will join the new American-based ownership group at Premier League club Swansea City, ESPN’s Marc Stein reports.
Swansea City announced Sunday that an American ownership team led by Jason Levien and Steve Kaplan has completed its purchase of the Welsh club, subject to final approval from the Premier League.
Levien and Kaplan are leading an investment group that now controls a 60% stake of the club, which is currently valued at around $145 million. The rest of the shares will be retain by the Swansea City Supporters’ Trust and a number of part owners, likely where Donovan fits into the puzzle.
Levien is the managing general partner of Major League Soccer club D.C. United, while Kaplan is the executive vice-chairman of the Memphis Grizzlies of the NBA.
Swansea finished 12th in the Premier League table last season.