Swansea City have held talks with potential investors who could buy a minority share interest in the club.
The Premier League club said in a statement they had spoken to “a number of parties” as they seek financing for planned expansion of the Liberty Stadium and a new training ground.
However, the club – which is 21 per cent owned by its supporters’ trust – said any deal would have to be right for all parties.
A club statement read: “As stated recently, the club is talking to a number of parties who have expressed an interest in possibly investing in the club.
“Part of that investment may include the exchange of a ‘small’ percentage of club shares as an incentive to those interested parties.
“It must be stressed, however, that this is only a possibility and the club has not received any formal offers to date as discussions are only at an early stage.
“The board of directors believes they have proved over the years that the decisions they make are in the club’s and fans’ best interests.
“This philosophy is a priority and any future investment will only be accepted if it is right for the club and fans.”