Swansea have confirmed that manager Brendan Rodgers has rejected an approach from Liverpool to discuss the managerial vacancy at Anfield.
Liverpool's owners Fenway Sports Group (FSG) are searching for a new manager after sacking Kenny Dalglish, and have had an approach to speak to Wigan manager Roberto Martinez accepted.
FSG were also known to be keen to speak to Rodgers, but a Swansea statement read: "Swansea City can confirm that an approach from Liverpool FC to speak to manager Brendan Rodgers was officially received by chairman Huw Jenkins this morning.
"The club is pleased to confirm that Brendan has declined the current opportunity to speak to the Anfield club about the vacant position."
The statement continued: "The Swansea manager is currently working hard to strengthen the squad in readiness for the new Barclays Premier League campaign.
"The club will make no further comment at this stage."
Rodgers, who signed a new three-and-half-year deal in February, has previously been linked with Chelsea and Tottenham after making a huge impression by guiding Swansea to an 11th-place finish in their maiden Premier League campaign.
The Welsh club rounded off their season by beating Liverpool 1-0 at the Liberty Stadium, a fixture which proved to be Dalglish's last in charge of the Reds.
Swansea's attractive possession style of play also won former Reading and Watford manager Rodgers plenty of admirers, and chairman Huw Jenkins has admitted the Swans will have to become use to their boss being linked with other clubs.
And it says much about the Northern Irishman's burgeoning reputation that he was among the bookmakers' favourites to take over at Anfield, along with the likes of former Swans' boss Martinez, Andre Villas-Boas, Frank Rijkaard and Didier Deschamps.
But the decision to reject an approach from one of the British game's traditional powers represents a major boost to the Welsh side as they look to build on a promising start to life in the top flight.