Cardiff City have emerged as serious contenders to sign Wales forward Harry Wilson with Swansea City set to land Kasey Palmer.
Swansea had been in talks over a deal for Wilson but could not agree a loan package with Liverpool.
They will instead sign Bristol City's Palmer on loan, with Cardiff hoping they can win the race for Wilson.
Wilson, 23, has attracted interest from a number of Championship clubs ahead of Friday's 17:00 BST transfer deadline.
The 19-cap international had been close to a permanent move to Burnley earlier this month, but the window for deals between Premier League clubs has now closed.