American Owners Out!
American Owners Out!
“We will be relentless in our determination to continually improve this club - and we have the financial resources to do so. We will be competitive and we will outwork our opponents on the pitch and in the boardroom”. Those were the words of the owners during the takeover of the club in the summer of 2016, which saw Jason Levien and Steve Kaplan lead an American consortium purchasing 68% of the club, with the Swansea Supporters Trust retaining their 21% stake. In fact, the takeover itself was a cause of major controversy as the Supporters’ Trust was left out of key negotiations relating to the sale of the club. In the time since we have been relegated from the Premier League due to consistently poor decisions. Under Graham Potter, we saw two fire sales and the well-documented Daniel James saga. We are now 7 years into their farcical tenure and nothing has changed for the better.
The January 2023 transfer window was nothing short of a disaster and saw 6 players leave with no senior signings. This prompted Jason Levien and Jake Silverstein to address this disaster in a video that also served as a half-baked apology. However, most of the video was Levien giving numerous excuses stating the lack of signings was beyond his control, and attempting to tell fans that he did all he could to secure transfers, despite him having the final say. Bear in mind this is the first time he has addressed the fans in 6 years. Further to this Jake Silverstein has now said the club will continue this way of operation and no amount of fan frustration will change that. Enough is enough, simply keeping the lights on is not adequate. Since the owners are reluctant to invest, it’s time to end the 7 years of incompetence.
The supporters' trust have also seemed reluctant to fairly scrutinise and criticise the owners since the pending court case was dropped, and have only asked easy questions which Levien and Co could easily make excuses for. There are already 3000+ supporters of the petition who are tired of the amateur way our club is run. Promises of investment and backing were given throughout 2022 at several fan forums, it's clear these promises have been broken. Showing the continuation of the lack of respect these owners have towards us the fans, the club, and the city as a whole. While also showing they are clearly out of their depth.
Over 20 years ago we stood up and showed we would no longer accept poor treatment from our owners. The time has come to do it again and prevent what could be another downward spiral for our great club. Will you join us or stand by and let another unmitigated disaster unfold? Every signature counts and as fans your voice and opinion matters the most.