Swansea City chairman Huw Jenkins has revealed that the club will "take stock" in the summer after putting caretaker manager Alan Curtis in charge until the end of the season.
The club had been searching for a new manager following the dismissal of Garry Monk at the start of December but eventually decided to stick with Curtis after being impressed by the performances in his first five games in charge.
Jenkins had pursued several leads in the meantime, including Marco Bielsa and former manager Brendan Rodgers, but admitted that it had been difficult to secure a "long-term" solution partway through the season.
"I know some people will query why we didn't have a replacement lined up when we parted company with Garry Monk, but we didn't expect to be in the situation we were in when you look at our position mid-September," Jenkins told the club's website. "We hoped and expected things would eventually turn around. When they didn't, we felt we had to act quickly in the best interests of the club going forward.
"Finding a replacement hasn't been easy because we didn't want to make a short-term decision that would be detrimental to the club long-term. It's a unique situation for us and I think we are only now appreciating what other Premier League clubs in our position have gone through in the last five years.
"We've spoken to a lot of potential managers. Some didn't want to leave the clubs they were at this late stage in the season, while others didn't want to put their reputation on the line by joining a club at the wrong end of the table. In the end, we felt the best decision was to keep things in-house and change as little as we can until taking stock in the summer."
The Swans are currently 17th in the Premier League table, two points clear of the relegation zone.