Swansea City investors set for multi-million cash-out on share sale

Swansea City logo4

By Mark Baber

April 20 – The investors who took the plunge to save Swansea City in 2002 are poised for a multi-million return on their investments following a valuation of the club putting it at £100 million. On April 9 a Swansea City club statement said that US investors Steve Kaplan, Jason Levein and their investment group are finalising an agreement to take a controlling interest in Welsh club.

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Mihir Bose: West Ham deal exposes the moral vacuum at the heart of UK politics

Olympic stadium

The great gift the London Legacy Development Corporation, chaired by Boris Johnson, has given West Ham football club is the sort of gift that makes the money that David Cameron’s mother gave him to help avoid inheritance tax look like chicken feed. It also exposes the fact that when it comes to the national game not only are our political masters grossly unfair, favouring some clubs while penalising the vast majority, but there is also a huge question of whether football has lost its moral compass.

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