Swansea City takeover could be agreed on Wednesday - Sky sources
By Sky Sports News HQ
Last Updated: 02/06/16 12:43am
Swansea City's drawn out takeover could be agreed on Wednesday, Sky sources understand.
One remaining financial issue is expected to be sorted out by the close of business, allowing an American investment group to take charge of the Premier League club.
Businessmen Jason Levien and Steve Kaplan, who are heading the takeover team, are then expected to travel to the United Kingdom to complete the final hurdle - the league's Owners' and Directors' test.
That test can take up to 10 days to complete, which would mean final ratification of the deal coming by the end of next week.
Kaplan and Levien are understood to be buying a 60 per cent stake in the Swans.
Levien was involved with the NBA's Memphis Grizzlies and is currently the managing general owner of MLS franchise DC United.