Harry Redknapp admits he will have to offload a number of players before he can spend this summer.
Redknapp need to sell four or five players to bring in funds
The Tottenham boss is working with one of the Premier League's biggest squads, meaning his hands are tied in the transfer market.
He has been informed by the club's board that any moves for further fresh faces will need to be funded by sales.
With Spurs looking to break back into the top four in 2011/12 and secure UEFA Champions League football once more, it is expected that they will look to bring in new recruits.
There will, however, be plenty of movement towards the White Hart Lane exits before any arrivals are welcomed on board.
Redknapp said: "There is nothing happening in the transfer market.
"I need to sell four or five players to bring in funds.
"The chairman has made it clear we need to move a few players before we can start doing any business.
"I keep seeing us linked with this player and that, but unless we reduce our squad numbers we will stay quiet in the market."
How many more players does Harry needs? I think he has more than enough in all departments!
For Goalkeeper - Gomes, Cuducini, Alnwick and Friedel
For Right Back - Hutton, Naughton, Corluka, Walker
For Centre Backs - Kaboul, Gallas, Bassong, Dawson, King, Khumalo
For Left Back - Assou-Ekotto, Rose
For Right Midfield - Bentley, Lennon, Townsend
For Central Midfield - Huddlestone, Jenas, Van Der Vaart, Palacios, Modric, Kranjcar, Sandro
For Left Midfield - Bale, Pienaar
For Forwards - Pavlyuchenko, Keane, Crouch, Dos Santos, Defoe
I wonder why Harry is still not contended? He can only play 11 men on the field for crying out loud!
he really cmi.
so many players yet cant finished in the top 4.
signed so many for what? its a waste of money.
Tottenham 11 man squad
GK - Friedel
CB - Dawson (if inj) Bassong
CB - Gallas (if inj) Kaboul/Bassong
LB - Assou-Ekotto
RB - Corluka (if inj) Hutton/Kaboul
CM - Huddlestone n Modric (Jenas/Palacios/Sandro)
LM - Bale (Kranjcar)
RM - Lennon (Pienaar)
FW - Pavlyuchenko
FW - Defoe/Van der Vaart
They should get rid of King (Injury Prone)
Crouch (tall but ....)
Bentley (Sell lar)
Keane (Sell lar)
Kranjcar (Injury prone)
That's why he must sell to free up funds and reduce salaries at the same time...
Latest news is he is willing to offer up to 3 players in exchange for Bolton's Gary Cahill...
Those that could go are...
Gomes, Hutton, Kaboul, Bassong, Bentley, Jenas, Palacios, Kranjcar, Keane, Dos Santos and maybe even Pavlyuchenko, Lennon, Crouch...
But if they sell one Modric or a Bale... They will have quite a sum liao...