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Swansea are set to sell a 30 per cent stake in the club to American businessmen

Image: Swansea are enjoying another good season in the top flight and could be set for fresh investment

Swansea director Huw Cooze says the Premier League club are in talks about possibly receiving investment from the United States.

The Welsh side have been in discussions with American businessmen John Jay Moores and Charles Noell since last autumn, although they have stressed that these talks are at an early stage and there is no prospect of the club being taken over.

Both Swansea and the Supporters’ Trust, who own 21 per cent of the club, have already performed due diligence on the American pair, who used to own Major League Baseball team the San Diego Padres.

Cooze is the Supporters’ Trust Representative on the Swansea board and he said: “Talks are ongoing and there's nothing on the table yet, no offer.

"But I would imagine they would make that offer and be coming in here in the next month or so. If they do, we'll have to cross that bridge then, but the Americans and our own shareholders know the Supporters' Trust shares are not for sale.

It is only 30 per cent of the shareholding they are interested in purchasing at this present time, but the Supporters' Trust will not sell any of its shares and it will be others that get slowly diluted.
Huw Cooze

"They never will be and they appreciate that, and we will work with them if it (the deal) happens."

Swansea are the only Premier League side who are part-owned by a Supporters’ Trust and Cooze says they will remain a community club, even if the American investment is approved.

"You have to weigh things up and we're a sensible organisation,” said Cooze. “We have professional advisers speaking to our lawyers and we have done our due diligence on the Americans.

"The club's lawyers are dealing with things as we speak but people here still feel they have a big part to play, even if the Americans come in.

"It is only 30 per cent of the shareholding they are interested in purchasing at this present time, but the Supporters' Trust will not sell any of its shares and it will be others that get slowly diluted.

"We feel we're a community club and we don't need outside investment. Individuals will say different and that's up to them. Good luck to them but we feel as a body it's not right for us."

Swansea are currently negotiating to buy their Liberty Stadium ground from the city council and are hoping to increase the 20,800 capacity.

There are more than 8,000 people waiting for season tickets and plans have been approved to expand the capacity to 33,000.

"We know we're possibly losing a generation by not expanding," said Cooze. "We've been in the Premier League for four years and it is likely we're going to be here next season.

"We're selling out every game but eight-year-olds when we came into the Premier League will be 13 before you know it, and the danger is they've gone to other sports and you've lost them for good."