“We are in the process of reviewing everything, the position will be clearer soon and a statement made,” was the only comment by Neil Mc-Clure, the Swans chairman and managing director of the parent company.
Former club chairman Steve Hamer, sacked because he would not sign the paperwork for a club flotation which has still not taken place, has been linked with a return as head of a takeover consortium.
Mike Lewis, the club’s managing director, said last night, “This is a very important issue but it would be inappropriate and premature for me to comment at this stage.
“Neil McClure is the only person who on a day-to-day basis knows the state of play with regard to Ninth Floor. I haven’t spoken to him about this issue, if indeed there is an issue.
“Of course it is imperative that we avoid relegation. “But have faith in the owners of the club. They invested heavily in bringing Second Division football to the Vetch and in supporting the club since October 1997. Lewis insisted that Hollins would be allowed to strengthen the squad with one or two loan or permanent signings if required.
“Fortunately we have a manager who is frugal in his spending but if John requires resources the directors are willing to listen and act if necessary.”
Hollins may put that promise to the test and seek clarification of the club’s future at Wednesday’s board meeting .
But after Saturday’s 2-2 home draw with Peterborough United he said, “All the speculation about the financial state of the club has nothing to do with us.
“That’s for business people. Our job is playing football. If we fall down on our job we won’t stay up.
“If we maintain our drive and determination we’ll be all right. “I would like some new players and who’s to say I won’t get some?
“But even without new players I have no doubt we can keep Swansea City in the Second Division.”