Hibs have turned down two bids for 18-year-old striker Jason Cummings in the last couple of weeks.
The first bid from the Welsh side was in the region of £70,000, with the second slightly over £100,000.
Both bids were quickly turned down by the club and it's thought the former Hearts youth is keen to stay at Easter Road and help shoot the club back to the SPL.
Cummings broke into the Hibees first team last season, playing a number of games, before finally scoring, twice, against Hamilton Accies in the relegation play-offs last season.
He scored over 30 goals for the club's EOS & U19 sides last season.
Swansea are still interested in the youngster, but so far, no third bid has been recieved by the club.