No Cash Injection For Swans

Wednesday, 5 March 2008, 22:07
1 min read

Morgan was added to the existing board of directors earlier this week following an invitation from the club but Jenkins says that it is pretty much business as usual with Morgan owning shares in the club for the past six years.

Morgan was part of the consortium that ousted Tony Petty from control back in 2002 and has owned shares in the club since that stage.

Speaking to the Evening Post, the Swans chairman said "This is not connected with finances in any way

"We invited Martin to join the board and he felt he would like to accept, but it is nothing to do with money and no-one should be expecting a cash injection or more money to spend on players.

"We are glad to have someone with Martin's experience helping us more regularly, but nothing is going to change.

"Like a few others, Martin has been a shareholder at this club for five or six years. In the last month or so he has decided to accept our invitation to become a director in name."

Images courtesy of Getty Images, Athena Picture Agency and Swansea City Football Club.
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