Huw Jenkins says that the Swans will let Jason Scotland go on a free next summer - but only if they have to
He also insists that he will not be drawn into paying more than that worth just because the player may have a value on his head within the transfer market.
Scotland has got one year left on his current Liberty Stadium deal and has already been linked with moves to Middlesbrough and Fulham after an impressive two years in South Wales.
Speaking to News of the World, Jenkins said "Jason is contracted to us for another 12 months, we'll deal with his situation this summer. We'll sit down with Jason and his agent and have a conversation about his future. He's had a great season, scored lots of goals and made the Championship team of the year.
"Jason's agent is now looking to get him a better deal and that's only natural. We'll talk to Jason when the time is right.
"He's been a terrific signing for Swansea, nobody will argue with that. He's our top goalscorer so of course we want to retain him for as long as we can but there's no rush to do anything.
"If we can't agree a deal, he can walk away at the end of his contract - that's what we did with Andy Robinson last year.
"We're not going to agree to a player's demands because he might be worth something in the transfer market. That's not the way we operate. We do what we think is right for Swansea City.
"A player could leave the club for nothing because his contract is coming to an end but we don't take that into consideration when we discuss wages. Jason might leave at the end of next season on a free transfer but we could be going into the Premier League.
"Our priority at the moment is to bring in some new players. We're looking to strengthen the squad ready for next season. We've got to get stronger each year. When Roberto has brought in a few new signings then we will sit down and talk to Jason."