Borussia Dortmund are said to be keen on bringing the Icelander back to Germany.
Swansea City have managed to fight off relegation from the Premier League this season and there is little doubting the fact that the form of Gylfi Sigurdsson was imperative to their turnaround in fortunes.
The Icelandic international has been in exceptional form since the turn of the year – scoring nine goals since January to help guide Swansea to survival.
It would appear however that this form has not gone unnoticed. A report in Germany this week suggested that Bundesliga giants Borussia Dortmund were all set to make a move for the player.
Bild reported that Dortmund had been very impressed with his form for club and country – with whom he will participate in this summer’s European Championships in France.
However, Swansea City chairman Huw Jenkins has seemingly refuted those claims this week.
When speaking to the South Wales Evening Post this week he stated:
"I have had no contact from Dortmund – that's news to me.
"In the Premier League, you are always going to get this speculation if a player does well, and that's not going to change. We are used to this sort of thing."
There is no doubt that Sigurdsson has been superb for Swansea since returning to the club he had previously played for on loan from German side Hoffenheim.
Spurs snapped him up then but he never truly settled at White Hart Lane and soon found himself back in Wales.
No doubt a move to Dortmund might tempt the player, so Swansea fans will hope there is little substance to the rumour.