Newcastle target Neil Taylor has committed his future to Swansea by signing a new four-year contract with the Barclays Premier League newcomers.
The Magpies had submitted a £1million-plus bid for the left-back, believing it would trigger a release clause in his contract.
The 22-year-old held talks with the club but has decided to remain at the Liberty Stadium as the Swans prepare for life in the top flight under manager Brendan Rodgers.
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