After a difficult middle of the season due to injuries to key team members as well as the Michael Laudrup's dimissal, Swansea City managed to save themselves and finish in 12th position in the Premier League table.
In order to ensure the challenge of staying in the Premier League again is successful, Swans boss Garry Monk will have to keep his best key players such as Wilfried Bony and Michu. In addition he must consider the signing new players but without the signficant funds available to his predecessor Laudrup.
Business so far
Swansea have successfully signed Arsenal goalkeeper Lukasz Fabianski on a four-year deal, making him their first signing for the upcoming campaign as they look to secure a replacement for the current No.1 Michel Vorm, who has been linked with a move to Liverpool.
What they need
Wilfried Bony has been impressive since joining last summer for a club record £12m, and Swans boss Garry Monk has insisted that the club will do all that they can to keep the 25-year-old this summer.
Monk also hopes to hold onto Michu, who was top-scorer the previous campaign but netted twice in 17 league appearances due to injuries, last term.
Moreover, the south Wales club need to replicate the signings of the likes of Bony and Jonjo Shelvey, while again agreeing a loan deal for Villarreal's Jonathan de Guzman after his second successful season-long loan at Swans.
Who could join
The Welsh club are hoping to sign West Ham midfielder Ravel Morrison for £3.75m, while Feyenoord's Jordy Clasie - who is part of Holland's preliminary World Cup squad has also been linked with the club. Crystal Palace's Jonathan Williams represents another cut-price option.
Former Liverpool starlet Thomas Ince has expressed his desire to move to the Liberty Stadium this summer on loan, with Inter Milan and Monaco also interested in the Blackpool winger.
Who could leave
The arrival of the Polish keeper Fabianski to Swansea will increase rumours about the future of Vorm, the first choice in the goal since joining the club in 2011 and whose name has recently been linked to Liverpool – as back-up for current No.1 Simon Mignolet. The Dutch stopper is under contract at the south Wales club until 2016.
Following Bony's superb debut campaign at the the Ivory Coast international has attracted interest from big clubs all around Europe, with Premier League rivals Liverpool and Arsenal among them.
Although Monk expects to keep his talismanic striker at the Liberty Stadium, the former Vitesse forward has revealed that he has ambitions to play for a bigger club in the Champions League.
Michu has understandably attracted interest from several clubs such including Arsenal but his failure to influence last term due to injury will likely see him remain.
Swansea captain Ashley Williams is likely to leave the Liberty Stadium this summer after contract talks broke down. Arsenal, who tried to sign him last season, are keeping a keen eye on him as they are in the market for a defender to replace Thomas Vermaelen.
What the manager has said
"[About Wilfried Bony] We need to hang on to him and he is happy here," said Monk. "You never know what can happen - players will always get linked with other clubs, but Swansea do not have to be a selling club."
"[About Michu] He has definitely not been put up for sale by anyone at this club, me, the chairman or anyone. Our only discussion about Michu is getting him back to fitness and making sure he is on the pitch for Swansea and scoring goals. We want him here at the club."
"We are in a powerful position, these boys are under contract and it is the club that will make the final decision on their futures."