Swansea City chairman Huw Jenkins has defended their market work.
Swans have been criticised for their summer campaign.
"And the manager is happy with the squad he has to work with.
"The team has been in transition over the last year or two, with a number of players who have been the bedrock of our success in first achieving and then maintaining our Premier League status moving on for different reasons.
"That transition, which happens to all clubs and proved the downfall of many, has to be managed.
"The recent majority shareholder takeover will help us secure that future, which is one of the reasons they came on board.
"Our accounts are due out next month and it will highlight a significant loss for last season. That's why we always have to strike a balance to work financially within the budgets we have.
"That balance becomes even harder to achieve every year, but it makes us more determined to find a way to remaining strong and competitive in the Premier League."