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Hull City's Zan Vipotnik offer revealed and the deal that's setting Swansea City's bar The striker has already been the subject of a failed bid this summer After all the noise that's built up over the last few months, perhaps the only surprise is that it's taken so long. On Monday afternoon, Swansea City finally saw their resolve on star striker Zan Vipotnik tested, albeit fleetingly and with seemingly very little cause for discomfort. Hull City haven't previously been mentioned in the ever-growing list of suitors for the striker, but they have now muscled their way into the picture by being the first to put a firm bid (that we know of) on the table. Is this the start of a transfer saga, or are we likely to see a swift resolution to the 24-year-old's future? JOIN US ON FACEBOOK! Follow Wales Online’s Swansea City FB page for more news and analysis Why was Hull's bid rejected? Sources have indicated to WalesOnline that Swansea are remaining firm on their valuation of the player, who last year was the top scorer in the Championship. The exact value of Hull's bid isn't yet known, but WalesOnline understands it was in excess of £10m. Swansea believe they're in a strong position as things stand, and this bid shows they are sticking to their guns on Vipotnik's proposed price tag. Will Hull come back? Difficult to say. The suggestion at this stage is Hull aren't willing to meet Swansea's valuation for the player, and while nothing has been ruled out, it seems unlikely Hull will push forward unless Swansea's valuation comes down. At the moment, there's little sign of that happening, meaning a move to Humberside, as things stand, is a non-starter. Is Vipotnik's valuation realistic? Swansea certainly seem to think so. Vipotnik's 23 goals in the Championship last season alone are enough to see his value soar in this window. Tying him down to a new long-term deal has also strengthened the club's hand in the face of interest, and there's been a fair amount of it in the last few months. There's also a feeling that sales elsewhere in the market have helped fortify Swansea's stance. Will Lankshear, who scored 11 goals on loan for Oxford United, was recently sold to Middlesbrough for an initial £10m, with that fee potentially rising to £20m. Swansea may subsequently feel that £20m for the league's top scorer is more than fair. Could Swansea come down on their valuation? It would really depend on how keen they are for a sale to happen this summer. At the moment, the line coming out of Swansea is they aren't actively looking to sell, and would actually like to keep him on board for the new season. But there is a dilemma for Swansea to wrestle with. After all, there's no guarantee Vipotnik will back up his exploits with another successful campaign this time around. Should he fail to produce similar numbers, or, even worse, suffer a serious injury, his value will start to tumble. No team wants to lose their best players, but for a club where player trading is still so important, picking the right time to sell a player is crucial. That then has to be balanced with a price tag that clubs are actually willing to pay. At the moment that isn't the case, with several of Vipotnik's other suitors believed to be baulking at Swansea's valuation. If Swansea are keen for a big pay day this summer, it's not inconceivable they may decide to claim something more within the range of what clubs like Hull are looking for. Of course, the window becomes more of a seller's market the closer we get to deadline day, and it's possible a club desperately searching for a striker will, in contrast, tip more towards Swansea's demands. Is there any sign of Vipotnik pushing things? Not yet. Vipotnik is, as per his previous claims in the press, keen to play in the Premier League, and for that reason alone would be interested in hearing Hull out. But sources have stressed he remains happy at Swansea, and is more than willing to stay. Whether that stance will remain in the face of interest from a big club remains to be seen, but at the moment there hasn't been any sign of that happening. Vipotnik, at the moment, appears happy to stay. The back-up plan New sporting director Ben Stevens confirmed there was a plan of action should Vipotnik be sold, but declined to give any details. One could say the club already have their back-up plan in place. The fact the capture of Ross Stewart on a free transfer had sparked fresh questions over Vipotnik's future points to a possible role as a replacement, a suggestion Vitor Matos has seemingly denied. But the 30-year-old's arrival undeniably makes a potential exit for the former Bordeaux man more palatable from a footballing perspective. *Follow all of our social channels to ensure you stay up to date with the latest Swans news. Sign up to our daily newsletter here and our WhatsApp channel here. Our Swansea City correspondent Tom Coleman is also on social media. He can be found on his X account here, on Instagram, on TikTok and on Facebook.