Companies house reflects a new allocation of shares for Swansea City this afternoon as the club have also confirmed an equity injection.

Swansea City statement
Swansea City can confirm receipt of an equity injection into the club from our majority ownership. This investment will help fund ongoing running costs within the club and avoid more debt on the club’s balance sheet. It will also result in additional shares being issued and other shareholders being diluted.

The Swansea City Supporters Trust have responded
With the subsequent investments made in the club, the Trust’s Class A permanently non-dilutable shareholding remains at 5% of course, while our Class B shareholding has been diluted to about half the level at the time of settling the legal dispute. This dilution over time was a known reality at the time of settlement as the Trust simply does not have the financial resources to avoid dilution of B Class Shares by matching new investment monies coming into the club. Today’s changes in no way affect the Trust’s ongoing involvement and influence in the club, and our position as a Board member of the club that is permanently protected through our permanent non-dilutable A Class shareholding. We continue to engage at all levels and the dilution has no material impact on that or the work that we are doing.

Swansea Independent
The inference is the finance will come from within the majority ownership and as yet no new investor has been reported. Of course with limited information that may change later today or tomorrow. Based on that we expect some form of public feedback from the majority shareholders soon. We now believe this is just above a million pounds in total.

We will report more on this as it happens.

Photograph with permission Swansea City AFC