Michael Laudrup will not leave Swansea, despite a disagreement with club officials over transfer funds, Press Association Sport reports.
Laudrup and his agent Bayram Tutumlu have clashed with chairman Huw Jenkins over the amount of money Swansea are prepared to spend on new signings this summer. The rift has led to suggestions he may leave the Liberty Stadium.
The Dane guided the Swans to Capital One Cup glory last season, as well as a ninth-place Premier League finish, and has been linked with clubs such as PSG and Real Madrid.
It is understood Laudrup hoped his recent success would enable him to spend more this summer. His targets are believed to be Celta Vigo striker Iago Aspas, who now appears bound for Liverpool, as well as St Etienne's Pierre-Emerick Aubameyang and Sevilla's Alvaro Negredo.
Jenkins and Tutumlu are expected to hold further talks on the issue, with a rapid resolution needed, but Laudrup is expected to remain in charge next term.
Information from the Press Association was used in this report.