Wouldn't surprise me if Swansea leaked the "rejected bid" to spin it their way. Then an "undisclosed" fee will be locked on the weekend and everyone will assume its over 40m.
Same thing happened with Williams, they tried to tell everyone it was like 20m until the truth came out. Either way, this is obviously getting done and properly pronto.
The Williams deal went like this (and I'm confident in the info on this and said at the time).
August 1st last year we agreed an £8m deal in principle for him.
That got out in the press through the local paper in Swansea.
There was a backlash from fans and the next day they said they'd rejected it, going back on their word and the agreement in principle.
We instantly (relatively speaking) went in with an improved bid. I don't know the exact figure, but it's between £10-12m as was stated in the press after he signed.
That happened on the 3rd of August. Swansea all the while were saying they'd rejected it, saying they wanted £15m, but we only ever put two bids in and it definitely wasn't £15m. The deal eventually went through a week later, even though Williams had already agreed terms with us when we agreed the £8m deal in principle with Swansea.
So yeh, a bit off topic, but just a bit of perspective.