Blackpool chairman Karl Oysten has claimed that the club could make five more signings before the Npower Championship season kicks off in August.
The recent departures of David Vaughan and Charlie Adam have left notable holes in the Tangerines' squad, with DJ Campbell also expected to leave after a solid season in the Barclays Premier League last term.
Oysten told Sky Sports News: "Sometimes you have got to take a step back to move forward. A few players have gone that we didn't want to go.
"Charlie's gone to Liverpool. We wish him all the best. He's done terrifically well since he came down from Rangers. I think he'll definitely flourish at Liverpool surrounded by all those good players.
"David Vaughan was probably our best player. He's gone to Sunderland and I'm sure he'll do very, very well for them.
"I'd imagine DJ Campbell will certainly sort out his future out somewhere else in the next week or two.”
Ian Holloway has already made efforts to replace Vaughan and Adam in the squad, signing former Manchester United starlet Bojan Djordjic, Matt Hill and veteran striker Kevin Phillips.
However, the chairman thinks that the influx of players is not nearly over yet, and he is expecting more new faces to arrive at the club.
“We've got two or three players in already. There are two or three more that are very close and we've had offers accepted on another couple," continued Oysten.
Although things are moving slower than the chairman would like, he is confident the club is exactly where they want to be at this moment in time.
Recent speculation has suggested that Barry Ferguson could be heading to Bloomfield Road, but even though Oyston confirmed his interest, he says a deal is far from done.
“We’re waiting for one or two call backs on that one.”