Last Updated: Tue, 05 Mar 2013 09:22
Liverpool managing director Ian Ayre says the club will not be forced into selling any star players despite being £87m in debt.
The Reds revealed accounts on Monday showing losses of over £40m in a 10-month period and the overall debt has risen to £87.2m, raising fears that the club may be forced to sell some players in the summer.
Despite the figure the managing director says there is no panic at the club and boss Brendan Rodgers will not be forced into offloading any of his star players.
Ayre told the Post: "We won't be selling anyone because of the financial position.
"If we're selling anyone it'll be because they are deemed by the manager to be surplus to his requirements and obviously if that happens we will be replacing them and bringing new players in as we always do.
"There's no panic on our part, far from it. We feel that we are making progress and improving all the time."
"Our aspiration for the next couple of years, as the rules will dictate, is to break even and then to make a profit beyond that," the Anfield official added.
"The recent rules that we've adopted at the Premier League will expect people to break even and limit their spending and player wages.
"We will conform just as everyone else does. We've been a big advocate in pushing for that so we're certainly not going to fall foul of it."
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