AN AFL investigation centering on Kurt Tippett dominated another slow day of trading on Wednesday, but there is still a chance the 25-year-old Crow will join the Sydney Swans by Friday's 2pm deadline.

AFL.com.au believes the Crows will not be stopped from trading Tippett while an AFL investigation continues into details surrounding his last contract with Adelaide.

A deal to trade Tippett to the Swans was close to completion last Friday but stalled at the last moment.

Adelaide says it will cop any penalty handed out by the AFL for the secret deal which could derail Tippett's bid to join Swans.

The deal was hidden from the AFL for three years until last Friday and Adelaide chairman Rob Chapman said the Crows board confessed to the League "because it was the right thing to do".

"There was no alternative here," Chapman told Adelaide radio station 5AA.

Chapman did not explain why Adelaide kept the deal a secret for three years but did say: "We will take whatever comes out of it."

Chapman declined to guarantee the position of Trigg as club chief executive.

The Tippett deal is just one of several potential trades yet to be completed as Friday's deadline looms closer.

Saint Jamie Cripps is inching closer to a move back home to Western Australia and a new AFL home, West Coast.

Although the Saints and Eagles' negotiations over the 20-year-old utility have progressed, St Kilda's determination to involve contracted Eagles key defender Mitch Brown in the trade means it is likely to go right down to Friday's deadline.  

Cripps' manager, Jason Dover of Stride Sports Management, told AFL.com.au that Cripps was hopeful of becoming an Eagle but was prepared to nominate for the draft if the trade fell through. The Eagles have consistently said Brown remains a required player.

Cripps was the Saints' first pick in the 2010 NAB AFL Draft at No. 24 and has played 16 games for the Saints, alternating between defence and the forward line.

He played 12 games this year, including eight of the Saints' first 10 games and their final four matches.

There was little progress in negotiations between North Melbourne and Port Adelaide over 20-year-old Ben Jacobs.

The sticking point appears to be whether Port Adelaide is prepared to accept one of North's second round draft picks as the main part of the deal for Jacobs. 

St Kilda had expressed interest in Jacobs earlier in the trade period. It now holds the first two picks in the second round of the draft, No. 25 and 26, after securing Gold Coast ruckman Tom Hickey on Tuesday night but it is unlikely the Saints will become involved.

It looks like any deal to get North Melbourne's Cameron Pedersen to Melbourne will go down to the wire.

At this stage of proceedings pick No.49 - a free agency compensation  - is the best selection, outside of pick four, the Demons can offer to the Kangaroos.

The compensation pick Melbourne received was lower than most observers expected, which has made securing Pedersen more difficult than anticipated.  

Negotiations may come down to whether, in the end, North Melbourne is prepared to accept that pick.

Pedersen is contracted but is clearly keen on getting to Melbourne. 

The Demons' Stefan Martin met with the Lions on Tuesday but any deal remains some way off and is unlikely to be part of a three-way trade involving Pedersen.

However, if Melbourne is unable to secure Pedersen, it is likely to be less willing to part with Martin, who remains contracted. 
 
Several players may have to wait for the trade period to end for their futures to become clearer.

Hawthorn's 28-year-old premiership defender Stephen Gilham remains a Hawk but he may be a subject of interest from other clubs if he does not receive a new contract.

He is believed to be among the experienced options GWS is considering, while St Kilda's list manager Ameet Bains told AFL Trade Radio that if the club failed to secure the Eagles' Brown, it would canvass other defensive options such as Gilham.

And amid all the speculation, there was one deal done for the day with former Eagle Koby Stevens joining the Western Bulldogs in exchange for pick No.44.

The hard-bodied midfielder had declared the Bulldogs as his preferred destination and the deal was done in time for him to accompany the club on its trip to London.