Portsmouth executive chairman Peter Storrie has dismissed suggestions that the south coast club must sell several of their stars this month to balance the books as "a load of rubbish".
Storrie insists any departures in the current transfer window will be at the club's discretion and not as a result of financial necessity.
He told www.portsmouth.co.uk: "Quite simply the media speculation is a load of rubbish."
Owner Alexandre Gaydamak is known to be open to offers for the FA Cup holders and reports have repeatedly called Pompey's financial situation into question.
Midfielder Lassana Diarra has already left for Real Madrid in a £20million deal and Jermain Defoe is widely expected to follow him out of Fratton Park before the end of January.
He added: "The club is not in any financial difficulty. Yes, we are up for sale, but so are about a third of Premier League clubs.
"Sacha Gaydamak will only sell to a buyer who is prepared to invest and take the club to the next level. If that doesn't happen he will continue to support Portsmouth Football Club in the same way that he has for the past three years.
"Having sold Lassana Diarra to Real Madrid we do not have to sell any more players."
Storrie has even told supporters to expect some fresh talent at the club in the coming weeks.
"We have already secured the permanent signing of Nadir Belhadj and Tony (Adams, manager) and I are working on getting some other new faces in as quickly as we can to bolster the squad."
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