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Southampton prepare improved bid worth around £10m for Swansea's Nathan Wood... with Russell Martin eyeing the England youth international as a replacement for Germany-bound Armel Bella-Kotchap

Southampton are preparing an improved offer to sign defender Nathan Wood from Swansea.

The bid is worth around £10million including add ons, with Russell Martin keen on a reunion with the 21-year-old he brought to the Liberty Stadium last summer.

However, Swansea are believed to value the defender, who has one year remaining on his current deal, at closer to £12m.

Wood made 40 starts for the Swans last season, as Martin led them to tenth finishing just three points off a play-off place.

Martin departed the Welsh side after two seasons in charge this summer to take over at Southampton after the club elected not to offer interim boss Ruben Selles a new contract following their relegation from the Premier League.