New Southampton director Hans Hofstetter says the club's board has inherited a "difficult financial situation".
Hofstetter spoke as Southampton published their annual results for the year ending 30 June 2013 - their first back in the Premier League.
The club posted a net loss of £7.1m and will enter the summer window owing £27m in outstanding transfer fees.
A bill in excess of £30m is also pending for their new training ground.
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So basically they need to offload players. Sneaky bid for rodriquez and lallana, both quality players.
Hofstetter spoke as Southampton published their annual results for the year ending 30 June 2013 - their first back in the Premier League.
The club posted a net loss of £7.1m and will enter the summer window owing £27m in outstanding transfer fees.
A bill in excess of £30m is also pending for their new training ground.
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So basically they need to offload players. Sneaky bid for rodriquez and lallana, both quality players.