Swansea City are the subject of an advanced takeover bid by American duo Steve Kaplan and Jason Levien, according to industry sources.
Oaktree Capital Group co-founder and Memphis Grizzlies vice chairman Kaplan and DC United managing general partner Levien are finalising an agreement to purchase a controlling interest in the club.
Sources told ESPN.com that Kaplan and Levien, who partnered in Memphis when Levien served as the Grizzlies' CEO, have built a strong relationship with longtime Swansea chairman Huw Jenkins, as well as the club's board of directors and leaders in their supporters' trust.
The pair are nearing completion on a deal that would give their investment group a majority share in the club while keeping the well-regarded Jenkins in place as CEO and their co-chairman.