Assistant Manager Kenny Jackett is to become the new manager of Third Division Swansea City.

He will link up with the Vetch Field club once personal terms have been agreed.

Jackett arrived at Loftus Road in the summer of 2001 having previously worked as Assistant Manager at Watford - a club he also served with distinction as a player.

He formed a formidable management team with Ian Holloway, arriving whilst the Club was in Administration, before helping to guide Rangers to the Play-Offs last season.

Chief Executive David Davies admitted that the Club were disappointed to lose Jackett but, naturally, could not stand in his way.

He said: "Kenny has always been honest with the Board and had already stated his ambition to be a manager in his own right.

"This is an opportunity that he felt he could not pass up and we fully understand and appreciate his desire to take on this role at Swansea.

"Nevertheless, we owe him a debt of gratitude for all the hard work he has put in, in difficult circumstances.

"He will be greatly missed by everyone at the club and we wish him the very best of luck for the future."

Davies finished by expressing his frustration at the timing of the announcement. He believes that the club were left with no choice but to confirm the news following intense media speculation emanating from south Wales.

He said: "I'm disappointed that the news leaked out of Wales the day before an important game at Bristol City.

"It was always our intention to make an announcement after the weekend, but unfortunately we have been left with no say in the matter."

Jackett was not present at the Vetch today to witness his new charges slip to a disappointing 2-1 defeat against bottom club Carlisle United but is expected in Swansea tomorrow before being officially unveiled at a Press Conference at the Vetch on Monday.