NEW Southampton director Hans Hofstetter is adamant the club will not need to sell any of its prized assets this summer, despite yesterday’s publication of their accounts showing a £7.1m net loss for the year ending June 2013.
The Saints also have an outstanding transfer debt of £27m and are in the midst of a £30m redevelopment project of their Staplewood training ground.
Yet Hofstetter insists the club will be under no obligation to part with England stars Adam Lallana, Jay Rodriguez and Luke Shaw in order to balance the books.
“Whilst I perceive that we have inherited a difficult situation financially, there are now clear and structured plans in place to progress the club and avoid a similar situation from occurring again,” he said.
“The most important point is that we are in a position where we do not need to sell any player Mauricio [Pochettino] wants to keep.”