By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this

Follow me on Twitter @footyinsider247

Swansea are assessing new manager options as they prepare to sack Garry Monk, Football Insider sources understand.

The Premier League’s youngest manager is set to pay the price for the team’s slump in performances, following a run of one win in 13 matches.

A Swansea source has told Football Insider that boardroom talks took place after Saturday’s 3-0 defeat to Leicester that could result in the end of Monk’s 18-month reign.

Senior officials are ready to wield the axe just seven months after Monk guided the club to highest-ever Premier League finish of eighth.

As reported by Football Insider last month, he had been urged by the Swans hierarchy to accept their offer of a technical director to arrest the team’s slump in performances.

But Monk rejected any assistance and the likelihood is that he could now pay the price by losing his job.

Swansea have not won since beating Manchester United on 31 August and, although they lie in 15th in the table, they are only one point above the drop zone and chairman Huw Jenkins want to act before a crisis can develop.

Jenkins and his fellow directors have identified an overhaul of the coaching set-up because they felt the 36-year-old manager needed the help of a senior football figure to overturn the slide.

It is understood the board wanted to bring in a technical director above Monk, but the former defender rejected the offer because he believes it would have undermined his position.

Sources have said that Swansea are now looking for a new manager and only an unlikely U-turn will now save Monk’s job.

Ex men: Former boss Brendan Rodgers is available after Liverpool sacking

Ex men: Former boss Brendan Rodgers is available after Liverpool sacking

Jenkins and publicity-shy fellow director Michael Morgan, the club’s largest shareholder, have always pre-empted trouble by acting swiftly before a crisis can develop and believe the team’s wretched run offers Swansea an ideal opportunity to replace Monk.

It is unlikely to be a popular decision with supporters.

Monk is not only highly regarded for his 18 months in the dugout but the former defender joined the club in June 2004 when they were in League Two and has been integral in helping to establish them as a top-flight club.