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Swansea are ready to back Paul Clement with a hefty transfer budget to try and spend their way out of trouble.

Bayern Munich No.2 Clement has been offered a contract until 2019 and is expected to be named as the Swans' new boss in the next 24 hours.

The Premier League's bottom club are preparing to splash the cash, with as much as £30million available to Bob Bradley's replacement.

There is a realisation at the Welsh club that the last three transfer windows have gone badly and their squad is in decline.

Owners Jason Levien and Steve Kaplan have signalled they are willing to invest in the team, with relegation staring them in the face.

(Image: A. Hassenstein) (Image: Getty)

Swansea chairman Huw Jenkins and the American pair clearly believe Clement, 44, can get them out of trouble but it is a major gamble on a career coach whose only management experience ended in the sack last sesaon after nine months in charge at Championship side Derby.

Clement held lengthy discussions with Swans chiefs on Friday, demanding assurances on potential targets and an answer as to who would have the final say on making signings.

Swansea have been struggling for goals and a new striker will be a priority.

But reinforcements are also needed in a defence which has missed the leadership of captain and centre-half Ashley Williams since the Wales skipper was sold to Everton in the summer.

(Image: Reuters) (Image: Getty)

Though bookies rate them odds-on to go down, Swansea, who sacked Bradley last week after just 11 games as Francisco Guidolin's replacement, believe they can still climb out of the danger zone.

Even if they fail, Clement has been assured that he is a long-term appointment and not considered a short-term fix.

Clement is due to arrive from Germany on Monday, having been given the green light to leave Bayern by boss Carlo Ancelotti.

But he may just be in the stands rather than in control for Tuesday night’s visit to relegation rivals Crystal Palace.