Southampton do not believe they will be forced into selling a number of their star players despite precarious financial figures, reports the Daily Star.
A number of stars on the south coast of England have been linked with summer moves and, after posting significant debts, Southampton executives were believed to be preparing a summer fire sale.
Reports were so strong that Southampton players reportedly told friends and family that they are expecting their star men, including Adam Lallana, Luke Shaw and Calum Chambers to depart in the transfer window.
Shaw is the jewel in the crown, valued at an impressive £30m despite being 18-years-old. The left-back has been established in the Saints starting XI since 2013 and Manchester United, Chelsea, Real Madrid and Manchester City have been linked with a move.
Chelsea seemed to be favourites to land the England youngster after it was revealed the player himself was a fan of the Blues and that his parents lived close to their Cobham training base.
But Manchester United were also ready to throw their hat in the ring as David Moyes attempts to rebuild a flailing squad at Old Trafford. Sir Alex Ferguson's successor has struggled since taking over the champions but has been handed significant funds to rebuild the squad. Shaw was thought to be high up on Moyes' long wish list.
Chambers and Lallana have also been linked with big Premier League clubs as well while Dejan Lovren is also starting to attract attention.
Southampton announced losses of £6.6m for the last financial year but, more worrying, declared £27m of outstanding transfer fees yet to be paid, sparking rumours that their players could leave on the cheap.
But new director Hans Hofstetter says that is not the case.
He told Sky Sports: "The most important point is that we are in a position where we do not need to sell any player Mauricio wants to keep.
"We have a very strong squad and we are still in a situation where we are free enough to act quickly if quick action is asked from us."
"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.
"In the short time I have been at Southampton it has become abundantly clear that we are blessed with a staff that has all the necessary skills with which to progress, and now that we can supplement that with a strong board I am sure we will enjoy a successful future together."
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms