Swansea boss Michael Laudrup has dismissed reports linking Michu and Ashley Williams with a move to Arsenal. "It would cause huge damage because if you lose players of that quality you have to find replacements of the same level," he said.

"That is why we cannot do that so late. If you sell someone and then try to buy, people know you have a lot of money.

"The price for the replacement would automatically go higher and higher, that's inevitable."