Brendan Rodgers understands Stephen Dobbie's frustration at a lack of playing time, but says he will not be allowing the midfielder to head out on loan.
With the Swans currently flying high in the Premier League table with a settled side, Dobbie has been restricted to a supporting role this season.
He was a key figure for the club during their promotion push last term, but has slipped down the pecking order since stepping up into the top-flight.
It was expected that he would be allowed to move on in an effort to get games, with the likes of Middlesbrough, Blackpool and Birmingham all reported to be keen.
Rodgers, though, insists he has no plans to part with any of his senior stars, with it important for him to ensure that Swansea have strength in depth.
He said: "I have got empathy for Stephen. But I have to protect the club so none of the senior players will be going out.
"I have spoken to Stephen to explain the situation and I'm sure he has been frustrated not to make the squads.
"But the players are well paid, so it's just unlucky for them and he has to get on with it.
"I know Stephen wants to play games.
"The great thing about him is that he is not driven by money - he is purely driven by playing football.
"But ultimately I have got to think about what happens at Swansea City.
"Look at what happened last week - all of a sudden we lost two players in a couple of days to injury in Joe Allen and Kemy Agustien.
"We could well lose more players over a longer period and, when that happens, I need players at Swansea who I can call on."