Swansea's proposed sale to US investors has moved a step closer after receiving ratification from the Premier League.
A consortium led by Jason Levien and Steve Kaplan bought a controlling stake of 60% in the Swans but the Supporters Trust retaining a 21.1% shareholding.
"We are delighted that the Premier League has ratified our deal to buy a controlling interest in the club," Kaplan and Levein said.
The deal is expected to be completed in July, the investors explained.
"We had a very positive meeting yesterday and we appreciate the fact the Premier League has moved so swiftly to give us the green light to move forward," they said in a statement on the club's website.
"There are still a few minor loose ends to tie up on the deal which we envisage will be completed before the end of the month.
"In the meantime, we are both extremely excited to be part of a new era for Swansea City and working with Huw Jenkins and the Supporters' Trust in taking the club forward."
BBC Wales Sport revealed in April which of Swansea's directors would be selling all or part of their shares.
Swansea City chairman, Huw Jenkins, added, "We are all extremely pleased with the outcome of the Premier League meeting.
"It will now enable us to move forward fully focussed and put everything in place for the start of another very important Premier League season.
"Everyone at the club is looking forward to working together with Steve and Jason for what will be a new and exciting chapter in the club's proud history.''
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