A spokesman for Jason Levien and Steve Kaplan, who lead the American consortium, said an "existing legal dispute between two minority shareholders" had prevented a press conference at the Liberty Stadium from going ahead.
The reported £110million deal, which was agreed last month and has been ratified by the Premier League, is still expected to be formalised on Thursday night with an open letter set to be published on the club website.
But Levien and Kaplan were unable to tell the waiting media of their plans for Swansea after buying a controlling 60 per cent stake in the club, the scheduled press conference finally cancelled two and a half hours after it had originally been due to start at 4pm.
Swansea chairman Huw Jenkins, who will be remaining at the club following the takeover, was also due to be present at the press conference
The club hope to stage a press conference on Friday when the deal is finalised, although Kaplan is expected to be absent because of business commitments in the United States.
Earlier this week the Swansea City Supporters Trust, which owns 21 per cent of the club, expressed disappointment at the lack of engagement during the takeover process.
Trust chairman Phil Sumbler said: "We are still to receive any information regarding future plans for the football club, and also what investment into the football club, if any, is proposed.
"We also firmly believe that discussions are urgently required between all parties in order to determine how the buyers will work with the remaining shareholders for the long-term benefit of the football club, and the negotiation of a new shareholders' agreement is key to achieving this.
"But we are disappointed that our desire to enter into these discussions has not been matched by the buyers or the other remaining shareholders."
Source : PA
Source: PA