Manager's Job Is Wide Open
Chairman Huw Jenkins has insisted that it's not a 2-horse race between Saunders and Martinez for the new manager's job.
Jenkins has revealed both former players have shown an interest but there are many more applications to go through.
He said: 'We have had interest in the job from both Roberto Martinez and Dean Saunders,'
'But is this a two-horse race? Well let's just say you don't see many two-horse races. They're in the running, but so are a lot of other people.
'It's difficult to say exactly how many applications there have been because we've had so many. There have been phone calls, agents getting in touch and people passing on certain people's numbers.
'What we will do is sit down today, take a look at everything that's come in and start going through the various applications.
'Some people will not be interested in living in the Swansea area, some will have greater demands than others, so we will start eliminating people straightaway.
'That's the easy part. Then we'll be left with a few people who really want the opportunity to manage Swansea City and we'll start talking to a few of them this week.'
Joe Royle has announced himself out of contention as he is not ready to make a return to management.
Jenkins also added that it's open to both inexperienced and experienced managers. 'Everybody will have opinions, Some will say we should go for experience, others will want someone young and enthusiastic.
'Our view is that it could be anyone - we'll just weigh up who is the best man for the job.
'We've had some high-calibre applicants already, which shows how much this club has moved on. There's no comparison between the people getting in touch now and those we had three years ago.
'It's a big decision we're going to have to take and we've got to get it right, so there's no rush. Because of the position we're in, we cannot afford too much upheaval.'