Tuesday 12 April 2016 11:49, UK
Swansea's brush with relegation may have spooked the club's owners into selling up, according to a former City coach.
American businessmen Steve Kaplan and Jason Levien are in talks over purchasing a controlling stake in the club, and the deal could be completed before the end of the season.
If the agreement is finalised, the new shareholders are almost certain to be in charge of the Premier League club, who have managed four wins in six games.
But Colin Pascoe, who was Brendan Rodgers' assistant in south Wales, believes chairman Huw Jenkins acted after a poor start to the season that cost manager Garry Monk his job.
"This year may have frightened Swansea, Huw Jenkins and the board," Pascoe told the BBC. "Maybe they feel they don't want to be in this position again, so they need investment.
"Perhaps they're thinking ahead and saying 'we need more investment for this not to happen again'.
"To compete in the Premier League, and hopefully Europe, you need the money. I know the amount of money clubs are going to get next season is going to be tremendous, but everything is inflated in the Premier League."
Jenkins has overseen the club's rise from the lower leagues to become a Premier League fixture, and his position as chairman is not under threat from the takeover.
That news has been welcomed by the Swansea City Supporters Trust, who own 21 per cent of the club and have a representative on the board.
But the Trust is yet to give its full backing to Kaplan and Levein despite its representatives meeting the latter over the weekend.
A statement read: "The Trust has not had much opportunity to consider the opportunity and the merits of this potential
transaction. Unlike some other shareholders, we were not aware of the interests of this consortium until two weeks ago."
