Alex Neil is prepared to sell Norwich City defender Martin Olsson, with talks at an advanced stage with Premier League Swansea City.

Neil confirmed Swans' manager Paul Clement's comments on Thursday the clubs are in discussions over a reported £5m move for the Swedish international, who only signed a new Carrow Road deal in November.

Neil insisted on Friday afternoon at Colney Olsson's new contract did not contain a release clause in the January window, but made it clear the 28-year-old is not in his plans for Saturday's Championship trip to Rotherham United. Neil is also without the suspended Robbie Brady, another touted with a Carrow Road transfer exit, for the away test at the Millers.

'The situation is exactly as Paul said. The clubs are in discussions,' said Neil. 'In this window there is no release clause. It is not a case we are forced to sell Martin Olsson. It is like anything else. If you want to do business in terms of bringing players in and freshen things up what you can't do is be really restrictive in who you are prepared to move on. Martin's contract was running out. The negotiations took a considerable time to get him across the line to sign a new contract, what we were conscious of was him leaving in the summer for free. That would have been poor business on our part.

'Depending on what the outcome is of today, if there is any, we are uncertain regarding Martin at this stage. The talks might come to something, they might not. We are talking 'discussions' in terms of personal terms and everything else that goes with a deal. Obviously as a manager I have to plan for Rotherham on the basis that he will not be involved, in terms of the set up. It is not necessarily a problem. I have a big squad, I have guys who can fill in in that area so I have players who can do that job. Robbie (Brady) is not available this weekend, which would help us obviously.'

Neil downplayed reports of a £13m bid from Burnley for the Irishman but admitted there is growing interest.

'How much? Okay. We have got a strong valuation of Rob after the Euros, his age, and the fact that he is versatile in his position and the scope that he has. The position remains the same,' said the City chief. 'Until a club meets our valuation he won't be going anywhere. There has been contact. A lot is done through agents and what have you but nothing confirmed until a firm offer is on the table. It is not past the stage of fishing. Is Burnley news to me? The figure certainly is.'

Aston Villa chief Steve Bruce, who signed Brady for Hull City, confirmed on Friday he is tracking the 24-year-old.

'I've signed Robbie before,' he said. 'I took him on loan from Man United to Hull – signed him and really liked him. I paid £2.5m back in the day but he'd be worth a little bit more that that now. It's always difficult for me to speak about other players though because I don't like it myself.'