Hasenhuttl admits transfer issues
Southampton boss Ralph Hasenhuttl has admitted he doesn't expect any major transfer business to be completed soon as the market is "slow".
Saints finished last season in 15th place in the Premier League and are? to improve and secure a top-six finish this term, while they are? to end up in the top half?of the table.
At the moment in the transfer market, nobody has money.Ralph Hasenhuttl
They are on the lookout for new faces ahead of the new campaign and there remains considerable doubt over the future of star striker Danny Ings, who has been tipped to leave this summer after turning down the offer of a new contract.
Should Ings - who has been linked with Manchester City and Tottenham amongst others - leave then Saints will need a replacement and they have approached Blackburn Rovers about a deal for their prolific frontman Adam Armstrong.
Reports say Southampton are willing to pay around ￡8million for the Blackburn striker, who hit 28 goals in the Championship last season, but there is no urgency in the transfer market and Hasenhuttl admits negotiations to buy players are currently being held up.
He told the BBC: "The market is slow. At the moment in the transfer market, nobody has money. Everybody wants the most money for their players when they sell, so it keeps everything on hold.
"Therefore, a lot of players are letting their contracts run out and leave without money.
"This money is what smaller clubs are missing, it's going out of football somewhere else, I don't know, into the pockets of agents or wherever. This situation is not good for?(any) league in the world."
To back up Hasenhuttl's claims, it's thought Blackburn are holding out for ￡20million for Armstrong - which is a figure designed to put suitors off - while Saints themselves are likely to want at least ￡25million for Ings, who has just a year left on his contract, but once again proved himself in the top-flight by hitting 12 Premier League goals last season.
Southampton start the new season with a trip to Everton on 14th August.