Morris, a British businessman with Welsh heritage, co-founded Capital One Financial Services and, under his leadership as President and Chief Operating Officer, they pioneered an information-based strategy that transformed the consumer lending industry in the USA, UK and around the world.
Currently, he is the Managing Partner of QED Investors, a leading global fintech venture capital platform that he co-founded.
The Swans say Morris brings a wealth of strategic and operational experience to the football club and joins fellow board members in being fully aligned with Swansea City’s goals of a sound, durable commercial model and achieving success on the pitch.
The club add that the investment by Morris and his board appointment have been approved by the EFL and all regulatory checks completed.
Swansea City chairman Andy Coleman said: “I’m really pleased that Nigel is now on board and everyone is excited about the future for a club that has so much potential.
“Nigel has great credentials and a wealth of business acumen that will be invaluable to the club going forward as we work together to achieve success both on and off the pitch.
“We will continue to ensure that the club remains financially stable and positioned for long-term success and this investment helps improve the club’s financial position.
“I’ve spoken with Nigel on many occasions and we are fully aligned in our vision of a shared commitment of helping to deliver success for the football club.”
Nigel Morris added: “I’m delighted to have invested in Swansea City. The club has superb facilities and is front and centre of the community. The supporters are the most important part of any club, and I have been taken aback by the passion and integrity shown by the many people I have already met on a number of recent visits to matches.
“I hope I can play a part in Swansea City’s future success and I am very much looking forward to working closely with Andy and club executives to embrace short and long-term objectives.
“I’d also like to take this opportunity thank both Jason and Steve for their support in this process.”
(Lead image: Swansea City AFC)
