Jason Levien and Steve Kaplan's eight-year spell in charge of Swansea City is over after they sell their majority shareholding to Andy Coleman, fellow shareholders Brett Cravatt and Nigel Morris and businessman Jason Cohen.

Club Chairman Andy Coleman, Brett Cravatt, Nigel Morris and Jason Cohen have purchased the remaining shares of Steve Kaplan, Jason Levien, Jake Silverstein and all their partners, with Coleman continuing to lead day-to-day operations at the club.

Swansea City have announced that a new majority ownership group has completed a deal to take control of the club, with Steve Kaplan, Jason Levien and Jake Silverstein set to depart

Luke Williams believes the change of ownership at Swansea City will eventually make the club "much more competitive" as they attempt to return to the Premier League.