Club statement | New shares issued

Swansea City can confirm new shares have been issued in the club following a planned equity injection by the majority ownership group.

The equity increase, made by Swansea Football LLC, follows previous transfers of capital in July and November of 2023.

As part of the approved budget for the 2023-24 season, the club expects additional equity injections in the coming months.

Today’s share issuance and those additional funds form part of the investment into the club by chairman Andy Coleman and the majority ownership group.

The transaction comes in the form of equity rather than a loan, which avoids burdening the club with debt. These funds support the costs of the playing squad and day-to-day operations.

While this move results in other shareholders seeing their ownership percentage diluted, including the Swansea City Supporters’ Trust, it does not affect the Trust’s fully protected and non-dilutable five per cent shareholding in the club, nor their right to a place on the club’s board of directors.