Swansea have rejected a second bid from Everton for playmaker Gylfi Sigurdsson, it is understood.
The Welsh club turned down an offer for the Iceland international believed to be worth £40million from the Toffees earlier this month.
It is now thought Everton have tabled a new bid of around £40million with potential add-ons that could take a final package closer to £45million.
That, however, remains short of Swansea's valuation of the player and the Liberty Stadium outfit are thought to be holding out for £50million.
Sigurdsson's future has been the subject of speculation throughout the summer with reports claiming Leicester were also interested in the 27-year-old.