Swansea City, Newcastle United and Sunderland are all involved in a relegation scrap.
Writing in his regular column, the former Arsenal player believes the Swans have made a strange decision on the manager front but feels they have a good enough squad to beat the drop.
“Swansea have made a right mess of their managerial situation. They give the job to Alan Curtis who’s been there a long time. Then they bring in a foreigner over his head. It baffles me,” he wrote in the Daily Star.
“Swansea aren’t a bad team. They’ve got good players I fancied them to go down a few weeks ago but I’ve changed my mind. There are worse teams. I reckon I could keep them up right now!”
Merson’s confident prediction may stem from Swansea’s recent victory over Watford which pushed them above Newcastle and out of the drop zone, yet it’s a far cry from his comments last weekend.
After the Swans lost to rivals Sunderland 4-2 and later opted to sell midfielder Jonjo Shelvey to another rival in Newcastle, Merson made them favourites for the drop alongside Aston Villa.
“Who sells one of your best players, who’s an England international, to one of your relegation rivals? Until they sort themselves out, I make these favourites to go down after Aston Villa,” he told Sky Sports Soccer Saturday.
So in the space of three days, one opinion has been drastically altered to another.
But in Merson's defence, this is the nature of the Premier League, where twists and turns are so frequent and surprises regularly thrown up, making it almost impossible at this point to predict a bottom three.
Sunderland have improved a lot under Sam Allardyce, yet the Black Cats still find themselves four points adrift of safety as their rivals continue to pick up unexpected results.
Newcastle are on an upward curve, and Swansea possess enough quality in their ranks to get out of it.
Norwich and Bournemouth have both performed well this season and spent heavily on new strikers this month, while West Bromwich Albion under Tony Pulis should be safe come next May.