Swansea City have made an ambitious move to bring Bayern Munich star Renato Sanches to the Liberty, WalesOnline understands.

The 20-year-old Portugal ace has been given the green-light to leave the German giants on loan – and it is thought Swansea are in genuine contention for a deal that would be seen as one of the most eye-catching swoops of the year.

Chelsea, AC Milan and Monaco have all been linked with the Euro 2016 winner this summer, and latest reports have claimed Liverpool are interested bringing the dynamic midfielder to the Premier League.

But separate sources in South Wales are refusing to rule out Swansea pulling off the audacious move, with manager Paul Clement seen as key to any hopes of sealing a deal that signals the club’s intent ahead of Thursday’s transfer deadline.

The former Bayern No.2 – who has not commented on any linked names all summer – reiterated after the win over Crystal Palace at the weekend that a priority remains a creative edge as he looks to bolster attacking options.

And Clement’s growing reputation as one of the brightest coaches in the Premier League is said to have made Swansea a more attractive proposition in this window as they keep in touch with various targets in their bid to add at least two new faces.

With regard to Sanches, Clement worked with the player during his time as assistant to Carlo Ancelotti in Munich and would be able to offer the game time and nurturing Bayern see Sanches as needing. The former Benfica man – who signed for the Bundesliga champions last year for a fee that could rise to €80m – has struggled for the regular appearances seen as vital to his development, and a switch to playing under a trusted coach could be a big plus in Swansea’s approach.

Sanches was left out of Bayern’s game against Weder Bremen at the weekend as he considers his future, while Ancelotti has opened the door for his exit.

It remains to be seen whether Bayern opt on letting the youngster leave on a permanent deal if a suitor comes up with a big money bid in the final few days of the window.

It is thought even a loan deal would represent a costly expense for Swansea, a factor the club would have to seriously weigh-up as they look to make the most of the last chance for summer business.

Swansea do have money to spend to add to the estimated £26m paid out for Roque Mesa and Sam Clucas, and not including the loan fee to sign Tammy Abraham which is thought to be a seven-figure sum.

Funds have, of course, been boosted by the departures of Gylfi Sigurdsson and Jack Cork, though not to the extent of the reported received sums; Cork’s move to Burnley is thought to have brought just over half of the £10m package up front, while 10% of the £40m guaranteed Sigurdsson fee was due to Tottenham as part of a clause in his 2014 switch to Swansea.

(Image: Huw Evans Picture Agency)

There is also a wariness at the club not to bust their budget and leave themselves short for any further opportunities in January, or even next summer when, for example, Abraham will return to parent club Chelsea.

Still, there is a confidence that Swansea will be significantly boosted by the activity of the final days of the window by landing the type of players Clement feels can make the difference.

And the 45-year-old hasn’t budged from his belief that, come Friday, he could be left with a side stronger than the one that finished last season in survival-securing form.

Though Stoke have seemingly priced themselves out of negotiations for Wales midfielder Joe Allen, it remains to be seen whether Nacer Chadli remains an option with West Brom also asking for around £25m for the Belgium international, an unused substitute in the game between the sides on Sunday.

There is interest in PSV’s Colombia international wing-back Santiago Arias with Clement having shown he is prepared to use a 3-5-2 system this season as part of an increasing tactical flexibility of the side.

There were reports on Sunday of Swansea registering an interest in Bournemouth’s £10m-rated striker Benik Afobe, the 24-year-old having scored twice against the club last season.

But there is still the possibility of a Liberty return for Wilfried Bony, the former goalscoring hero unwanted at Manchester City and eager to head back to South Wales - factors that allow Swansea to take their time in weighing up whether the Ivorian is worth the £10m gamble on him rediscovering his form and hunger on familiar ground.

A deal for Bony, or another striker, is in consideration regardless of whether Fernando Llorente is the subject of a speculated late offer from Chelsea . The champions are known to be interested in the 32-year-old but are yet to have made a bid. Clement said after the Palace win he was confident of keeping last season’s top-scorer, but would not close the door on something “out of nowhere” that was “the right thing for the club”, be it new signings or late exits.