Swansea chairman Huw Jenkins is confident Newcastle target Neil Taylor's situation can be resolved without recourse to a Barclays Premier League arbitration panel.
It emerged on Tuesday that the Premier League has been asked to rule on a clause in the 22-year-old full-back's contract which the Magpies believe triggered his release for ?1million.
However, the Swans insist that only allowed them to talk to the player and does not require them to sell him for that price, and Jenkins is hopeful of resolving the situation by early next week without having to go through a hearing.
Jenkins told Sky Sports News: 'I don't see that happening. I think either way, things will be concluded betweenus and Neil and we will deal with it and move forward.
'The main thing is we are hoping to get everything resolved if not by this week, early next week, and we will conclude things to our satisfaction then.'
Asked if he believed the club would be able to keep Taylor at the Liberty Stadium, Jenkins replied: 'I am always confident that we can get out of the situations what we want, andwe will make sure we do that for the best interests of our club.
'Neil is fine. He is a young lad and perhaps all this has been blown out of proportion. We have got to make sure we protect him and he is looked after and he settles down and looks forward to the new season.
Hopeful: Huw Jenkins thinks Taylor will stay at the Liberty Stadium
'With us gaining promotion and being involved now in the Premier League with all the new media attention that we are now going to have, things like this are bound to happen and we have got to deal with it in the right way as a football club.'
Newcastle believe Taylor is keen to head for St James' Park, but they will not be drawn into a bidding war for a player they see as competition for a more senior man.
Meanwhile, Jenkins confirmed Magpies winger Wayne Routledge is among manager Brendan Rodgers' remaining targets, but that he is a series of men currently under consideration.
He said: 'Wayne Routledge is one of a number of options we are pursuing. Like always at this time of the year, we have got to go around looking at the options and seeing what deals can and can't be done.
Target: Swansea hope to seal a deal for Wayne Routledge
'It's just a matter of weighing all those things up, really, and seeing what deals can and can't be agreed and our manager will make the decisions as we go forward.'
Routledge, who spent the end of last season on loan at former club QPR, but could not agree a permanent deal at Loftus Road, is attracting interest from a series of potential buyers, including Nottingham Forest, and has also been linked with Cardiff and Leicester.
Promoted Swansea have so far added goalkeeper Jose Moreira, striker Danny Graham and on-loan centre back Steven Caulker to the squad since the end of last season, and Jenkins is confident there will be further arrivals.
He said: 'We are definitely looking to bring in a few more. Whether that's going to be three, four players, we will have to see.
'If our targets become available and we can get them out of the clubs they are at, obviously we are going to try to do that to make sure we are competitive when the season starts.'
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