“Alan has done a great job in the fixtures that he has taken so far and that has allowed us the space to thoroughly review the market for all candidates for the [manager’s] role,” they said.
“We have enjoyed a great working relationship with Alan, and he has demonstrated his dedication to the club during his time with us, turning down a number of high-profile opportunities to stay at Swansea City.
“While the process to ensure that we identify the right candidate for the role continues, we are happy with the progress that has been made on the pitch.”
The letter also revealed that Swansea have appointed James Morgan-Snowley – who previously worked at Rangers – as their new head of scouting, while data expert Adam Worth has been promoted to global head of analytics and recruitment.
Cravatt and Cohen say that while their focus is on “doing all we can to invest in the club, to make sensible and informed decisions to move things forward”, they want Swansea fans to “stay behind the team and the staff and keep the noise coming at the stadium”.
They are to purchase 500 tickets for each of Swansea’s four remaining home games this season for members of the “local community and grassroots clubs”, while they will also lay on free coach travel for the trip to Queens Park Rangers on Monday, 21 April.