Swansea agree deal for Canas
Swansea have agreed a deal to sign Real Betis midfielder Jose Canas and insisted that there is more money for boss Michael Laudrup to spend.
Spaniard Canas made 27 appearances for Betis last season as the club finished in seventh in La Liga, but with his contract due to expire, he has now chosen to continue his career in the Premier League.
Canas came through the youth ranks at Betis and has developed into an integral part of Pepe Mel's side.
However, the lure of the Premier League appears to have been too strong to resist.
A statement on Swansea's official website confirmed: "Swansea City have today finalised personal terms with Real Betis midfielder Jose Canas. The Spaniard has signed a pre-contract with the club which will be ratified once the transfer window opens on July."
The signing of the 26-year-old is the first piece of business done by the club since the end of the Premier League season, and comes on the same day as speculation emerged of a potential rift between Laudrup and chairman Huw Jenkins.
Reports had suggested a breakdown in the pair's relationship over the availability of transfer funds, but Jenkins is adamant that there is money for the Dane to spend.
He said: "Myself, the manager and our recruitment staff are all agreed on the quality of players we would like to sign to help us remain competitive in the Barclays Premier League.
"We are continuing to work behind the scenes, in private wherever and whenever we can, to strengthen our squad.
"For that reason it’s disappointing that I have to respond to the speculation of unrest at the club after the fantastic season we have had.
"There are substantial funds available to strengthen our squad over the summer while we are also in the privileged position, because of the way we’ve managed our finances over the years, that we do not need to sell anyone to fund those new recruits.
"It is true that I have not sat down with our manager since the last game of the season against Fulham, but that’s because we have both been away on holidays at different times.
"It doesn’t mean we haven’t spoken because I’ve had numerous conversations with Michael over the phone and there's been no difference of opinion on our original transfer targets."