A disagreement over transfer funds is threatening to disrupt Swansea's summer plans but manager Michael Laudrup is expected still to be in charge of the club next season.
The friction between chairman Huw Jenkins, and Laudrup and his agent Bayram Tutumlu, is understood to centre around the amount of money Swansea are prepared to spend on new signings, and there have been suggestions the Dane could leave the Liberty Stadium.
Laudrup, who guided the Swans to Capital One Cup glory last season as well as a ninth-place Premier League finish, signed a new contract till 2015 in March.
He has been linked with clubs such as Paris St Germain and Real Madrid.
Laudrup had hoped those successes would give him the leeway to spend heavily this summer with Swansea preparing for a Europa League campaign.
Just last week the Dane had said it would be very difficult for Swansea to improve unless they "find a couple of hundred million pounds".
It is understood Laudrup has become frustrated at the lack of progress made in securing some of his summer transfer targets, as well as the club's desire to continue with the sensible spending approach which has served them so well during their rise through the divisions.
Celta Vigo striker Iago Aspas was one of Laudrup's main transfer targets, but now appears set for a move to Liverpool, while the Swansea board would be reluctant to provide the sums of money required to capture the likes of St Etienne's Pierre-Emerick Aubameyang and Sevilla's Alvaro Negredo.
Jenkins and Tutumlu are expected to hold further talks on the issue, with a rapid resolution needed, but Laudrup is expected to remain in charge next term.
Tutumlu recently said Laudrup would remain with Swansea, despite having offers from other clubs, but added the caveat that that would be the case if the Swansea board made good on assurances he claims they gave to Laudrup when he signed a contract extension in March.