Norwich director Michael Foulger has calmed fears of a fire sale at Carrow Road and insisted manager Paul Lambert is under no pressure to sell players.
The Canaries are set to announce large losses after their relegation from the Championship last season which has pushed the club's debt over the £20million mark, but Foulger is confident the likes of Grant Holt and Wes Hoolahan will be staying.
He told the club's official website: "There is no need for us to sell any players this January. It is very high on our agenda to reduce debts. We take our debt position very seriously and are working to reduce it but we are not alone - most clubs in this country are struggling with debt unfortunately."
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