Adelaide and Port Adelaide are tipped to begin negotiations with the Swans on possible trade packages that would satisfy Sydney, who will likely be looking to bolster their draft stocks.
Speaking to the media on Wednesday, Port Adelaide football boss Chris Davies revealed that while discussions were yet to get underway, the Power have an "extreme interest" in Dawson.
“Any South Australian player wanting to come home is someone we need to do our due diligence on," Davies said.
MELBOURNE, AUSTRALIA - AUGUST 16: Jordan Dawson of the Swans celebrates a goal with teammate Josh Kennedy during the 2019 AFL round 22 match between the Melbourne Demons and the Sydney Swans at the Melbourne Cricket Ground on August 16, 2019 in Melbourne, Australia. (Photo by Dylan Burns/AFL Photos via Getty Images)
“He’s had a great year and if he wants to come to our club that would be fantastic.
"He's certainly a player that we have got extreme interest in ... (but) we haven't entered into any sort of meaningful discussions."
Dawson has played 64 games for the Swans since making his debut in 2017, emerging as a versatile asset for coach John Longmire.
Finishing third in Sydney's best and fairest this year, the Sturt product would be seen as a key element in the Power looking to contend for the premiership in 2022.
SYDNEY, AUSTRALIA - AUGUST 03: Jeremy Finlayson of the Giants celebrates kicking a goal during the round 20 AFL match between the Greater Western Sydney Giants and the Sydney Swans at GIANTS Stadium on August 03, 2019 in Sydney, Australia. (Photo by Mark Kolbe/AFL Photos via Getty Images )
The Power have reportedly held a medical for Giants forward Jeremy Finlayson, who could be another name to swap New South Wales for South Australia.
However, Davies stated that talks with the Greater Western Sydney spearhead were yet to transpire.
The Port football manager also revealed that out-of-favour defender Tom Clurey is set to remain at the club next season despite facing a tough battle to retain his place in Ken Hinkley's defence.
BRISBANE, AUSTRALIA - APRIL 06: Tom Clurey of the Power kicks during the round three AFL match between the Brisbane Lions and the Port Adelaide Power at The Gabba on April 06, 2019 in Brisbane, Australia. (Photo by Chris Hyde/Getty Images)
Davies did reveal that a number of fringe players could look to assess their options away from Alberton Oval this off-season however.
"There's some guys who clearly might want to look at what their alternatives are in terms of more games potentially at other clubs," he added.