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Jason Levien and Steve Kaplan : Be owners, take ownership and own this problem !
Monday, 22nd Aug 2022 08:00 by Keith Haynes

One time Swansea City striker Ian Walsh who has commentated on Swansea City games for many years has opened up on his feelings regards the current ‘majority ownership’ at Swansea City. And he didn’t hold back.

Being very clear on the BBC Saturday evening time show ‘ Call Rob’ a great supporter of this website and it’s intentions Walsh was furious that once again the swans had fallen at home to Luton Town. Referencing swans boss Russell Martin he said. "If he's not supported by bringing in the players that he needs to play that way and in a successful way, then it's down to the owners. The owners have been absolutely rubbish for Swansea City Football Club. The time is now for them to get back on their horses and get back to the States."

If only they were here to do that. Walsh also referred to the performance on Saturday against Luton as shocking, other words are available.

It seems odd that the riches the current ownership could earn from a premier league promotion are not in some way utilised as a lever for new investment at least. Speaking last season investor Jake Silverstein said “We in the process of continuing to invest capital into the business — and I hope to invest more and more time and energy into the club because we are really passionate about this. For me, this is not about testing the water — that is not my motivation at all. We are here to stay and we are committed to this”

So,what is exactly going on ?

We here at Swansea Independent realise the fine balancing act that has to happen at the club to keep the companies books in some form of controllable order. But the current ownership have never stated they are going to run the club on income only and want Russell Martin to realise their profits by finding and selling assets. We all know this is a part of the process of running football clubs, but with ten days to go before the transfer window closes the bombshell of ‘no investment’ forthcoming by Martin on Saturday did come as a shock to some.

A shock indeed when we look back again at Silverstein’s comments” I’m here to help, first and foremost, and also to invest — invest my resources, my time and my energy into the club. I want to be helpful to my fellow board members and also be supportive of the excellent senior management team that we have” This has to beg the question and it needs to be asked ‘What is the plan now ?’ And that needs directing to Jason Levien and Steve Kaplan. Stop hiding and let’s get some collaboration and positivity going to get the club through this lean spell. By sitting on your hands the fans will get restless very quickly, this in turn affects attendances and financial opportunity.


Investor and Director Jake Silverstein

Fans are now planning to hit the owners in the pocket if this continues. It’s the only way a supporter can show their anger and discontent. Levien and Kaplan, if they act now and plan for the immediate future seriously need to take ownership. After all they are the ‘owners’ by all accounts. The ship needs steadying, and the malaise needs addressing. Whatever that signifies over the coming days it needs to happen fast. And by that we do mean whatever that takes. With almost half of the Swansea City board also investors or employed by DC United in the USA you would have thought these people had some brain juice to invest in addressing the swans position ?

You can’t make statements like "We are ready to make the necessary investment in the club to keep the club in a stable financial position “ attributed to Kaplan, and then have a manager using the press to explain his issues as to why his team isn’t performing. These guys need to get focussed and get involved. Things are reaching boiling point for some, and that is never a good recipe with so much silence coming from the USA.

Photographs licensed from Reuters



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Badlands added 10:27 - Aug 22
I stopped listen to Radio Wales because of Walsh' negativity about the Swans. Rarely has a good word about us and never has. Countless times it was left to Jason Blake to be the voice of reason and provide positive comments.
All Walsh ever said about us getting to snd being in the PL was Swansea will be relegated if they don’t spend money. - then when we did it was on the wrong players.
Eventually his wish came true.
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Freelander added 15:49 - Aug 22
It just goes to show how lack of investment in a club shows how quick it can go down hill Levien and Kaplan think more of DC United than the Swans and just look at them bottom of the league and got hammered six nil last weekend just goes to show how much knowledge they have in football them two are just liers promised investment but nothing just taken money out on the sale of players they are nothing worse than leeches .
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Freelander added 20:33 - Dec 29
Well said Ian they they would invest well when they took over what a joke I have been a life long supporter of the Swans and I do not like what I see in what Levine and Kaplan are doing to our club in it for what they can take out of it as Ian said they think more of DC United and they are bottom of the league with Rooney in charge and I bet he did not come cheep we were a family club untill them two showed up and I think they will be happy for us to stay in the Championship with very if any investment coming in and it is not as if they have no money being rich millionaires .
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