Brendan Rodgers has aired his frustration at missing out on Ryan Bennett in January and has spoken of his desire to avoid striking too many loan deals.
Swansea were the favourites to land Bennett's signature from Peterborough as the clock ticked down on the winter window, with the defender set to make his way to South Wales for talks.
The Swans were, however, pipped to the post by Premier League rivals Norwich, with the Canaries putting a more lucrative offer on the table.
Rodgers is disappointed to have seen his efforts to bolster his back four come to nothing, with Bennett considered to be a hot prospect the future.
Building for the years to come is a top priority for Swansea, with it their intention to carry on searching for hidden gems.
Steven Caulker fell into that category last summer, but he will return to parent employers Tottenham at the end of the season with his reputation enhanced - leaving Rodgers empty-handed and short on options.
On the club's failure to land Bennett, the Swans boss told Wales Online: "I had him watched a number of times but the board were well within their rights (to pull out) because the deal was too rich.
"I am disappointed. Not just now but for going forward.
"Our squad is like piecing together a jigsaw, you are always having to plan ahead. We know the types of players we want and there are not so many that fit our criteria, financially and with the player in terms of age and value.
"It was something that I felt was worth it. Steven Caulker came here as a £1m player and he will go back as a £9m player.
"We do not want to carry on getting loans, we want to develop players for the club.
"That's why I felt he (Bennett) was good value.
"But that's gone and he is a Norwich player, they have seen the value. It's not the first time (we've lost a player) but I understand and respect the board here."