Swansea City’s transfer business is starting to take shape as they aim to re-shape the squad and prepare to challenge for promotion to the Premier League again next term.

Steve Cooper’s side have already started to be linked with one or two potential moves for a few players, while there have also been one or two rumours emerging regarding possible player exits.

The Swans will have to do all they can to find the right balance between departures and arrivals to keep their squad in the best place possible ahead of next term.

Swansea have shown in recent seasons that they can lose key players and replace them on a budget in a way that still enables them to remain competitive in the Championship. That is something that they are going to have to rely upon once again this summer.

With Swansea’s business starting to get underway, we take a look at some of the latest transfer news surrounding the club…

Swansea closing in on signing Thomas Henry

According to the latest reports from Topmercato, Swansea are closing in on a move for OH Leuven forward Thomas Henry. That comes with the Swans having emerged as one of his potential suitors after he has enjoyed an excellent campaign in Belgium firing in 21 league goals in 31 appearances.

It is believed that Henry and Swansea are close to agreeing personal terms while talks continue between both clubs regarding the potential transfer fee.

Henry is under contract until 2023 so there are still things to be negotiated before the Swans can secure a deal with OH Leuven for his signature.

This update though does suggest that the Swans are close to completing a deal for Henry, and that could be a crucial signing for them as they search for some extra firepower to help them challenge for promotion again next term.

Andre Ayew and Wayne Routledge futures become clearer

Swansea announced their retained list for next season on Friday and in it they confirmed that the influential Andre Ayew will be leaving the Liberty Stadium at the end of his deal.

That comes after the forward had managed to fire in 17 goals in his 46 appearances for the Swans last term to help them reach the Championship play-off final.

Ayew’s departure was confirmed alongside the likes of Barrie McKay, Declan John and Kieron Freeman with all three of those also heading for the exit door. Those players were expected to be leaving the club and removing them from their wage bill might help with their transfer business.

However, amongst the news of the departures, it was announced that the experienced Wayne Routledge has been offered a new one-year deal to remain with the Swans.

That comes after he missed out on the Championship play-off final through an injury he picked up in the second leg of the semi-final against Barnsley.

 Swansea interested in move for Mathieu Peybernes

One potential incoming that might happen at Swansea this summer is Almeria defender Mathieu Peybernes, with Spanish outlet El Periodico de Aragon reporting that the Swans are one of three teams that are in the race to secure his signature this summer.

It is believed that Swansea made an offer for him last summer, which was turned down by Almeria, and now they could be ready to rival Nottingham Forest for his potential signature.

However, it is also being reported that Real Zaragoza are currently leading the race for the 30-year-old this summer having had him on loan with them last term. The defender is thought to be keen to re-sign with the Spanish side.

Although it is believed that Almeria will not be allowing him to leave on a free this summer with him heading into the final year of his current deal with the club.

Swansea eyeing move for Liverpool talent 

Swansea City are reportedly interested in signing Liverpool youngster Neco Williams on loan, according to a recent report from TEAMtalk. 

The Reds are eager to find the Welshman regular game time in senior football in the near future, and a move to Swansea could be a tempting proposition for Williams.

It is also claimed that the likes of Norwich City, Burnley, Cardiff City, Barnsley and Stoke City are also keen on signing him, so the Swans won't have it all their way to land his signature.