By North-west correspondent Alex Stevens

Brendan Rodgers has been made Swansea’s No1 managerial target in the summer, according to a report.

The former Liverpool manager is being eyed by the Premier League club as they edge towards a takeover worth a potential £140million.

According to the Telegraph on Sunday, Swansea will step up their interest in Rodgers ahead of next season.

Current boss Francesco Guidolin is said to be almost certain to depart at the end of the season and Rodgers has emerged as the preferred choice to replace him.

The 43-year-old Irishman has been out of work since being sacked by Liverpool last October but will consider a move back to South Wales, four years after leaving the club.

Swansea have released a statement to confirm they are negotiating a deal with American businessmen Jason Levein and Stephen Kaplan in a takeover which will ensure current chairman Huw Jenkins remains on the board.

The deal is worth an initial £110million, with the promise of a further £30million going towards new signings and stadium improvements.

The Telegraph report that Rodgers has already been discussed in opening talks with the new investors and Jenkins is ready to make an approach before the summer.

Swansea issued a statement on Saturday evening after news of the imminent takeover broke. “Swansea can confirm it is working to finalise to bring in a new majority shareholder. Board members have discussed an agreement which will see Steve Kaplan and Jason Levien and their investment group acquiring a controlling interest in the club.

“Chairman Huw Jenkins and vice-chairman Leigh Dineen will remain in their management leadership roles of the club. Talks will continue with the aim of an agreement to be ratified by the end of the season.”

Swansea’s 1-0 victory over Chelsea on Saturday guaranteed their Premier League status for next season.