Swansea City have rejected an improved offer of £45million from Everton for Gylfi Sigurdsson.
Everton, along with Leicester City have had a number of offers for the Icelandic international rejected by the Swans, who are looking for £50m.
The previous offer from the Toffees was believed to be worth around £40m, however Sky Sports are claiming that the Blues have now improved that as they look to make the final additions to their squad.
It is claimed that the new offer was valued at £45m, with an initial £40m being paid up front, with a further £5m in add ons.
However, within a few hours of the bid being lodged, Sky also reported that the Welsh club had rejected the offer as they remain reluctant to drop their asking price of £50m.
The 27-year-old is one ont the most consistent performers in the Premier League, and last season he scored nine goals and provided 13 assists for the Swans as he helped them survive their battle against relegation.
Sigurdsson was left out of the Swans pre-season trip to the USA.