Liverpool are ready to sell Andy Carroll to West Ham United and Charlie Adam to Stoke in a bid to finance one last push to sign Arsenal forward Theo Walcott.
West Ham have indicated they are still interested in a last-minute deal for Carroll, even though he has made it clear he does not want to leave Anfield.
The two clubs, though, have agreed a £20 million package should the England striker be convinced to change his mind.
That deal would see West Ham take Carroll on a season-long loan initially, paying his £80,000-a-week wages in full, and then sign him permanently for £17 million if they avoid relegation.
The 23-year-old has been told by manager Brendan Rodgers that he will only be a squad player if he stays at Anfield.
Rodgers has given the same message to midfielder Adam, with Stoke understood to have made a bid of around £4 million on Wednesday.
Liverpool's tight financial constraints mean that Rodgers has to sell before he can buy.
"I don't think we are in a position to have £35 million players as third choice strikers," Rodgers said in reference to Carroll's situation.
"It doesn't take a rocket scientist to see that Andy has been a cover player for us in the opening two games."
Walcott had looked likely to leave Arsenal after rejecting a new contract with only a year to run on his current deal but the forward has since held private discussions with manager Arsene Wenger over his future.
But Liverpool, who have asked to be kept informed of Walcott's potential availability, are still considering a late bid.
Asked if the club could afford to buy without selling first, Rodgers said: "No. Not at this stage. Obviously, I have seen a lot of the links and it is great that those players would want to come here.
"But the reality is that we are not in a position to do those sorts of deals."
West Ham have indicated they are still interested in a last-minute deal for Carroll, even though he has made it clear he does not want to leave Anfield.
The two clubs, though, have agreed a £20 million package should the England striker be convinced to change his mind.
That deal would see West Ham take Carroll on a season-long loan initially, paying his £80,000-a-week wages in full, and then sign him permanently for £17 million if they avoid relegation.
The 23-year-old has been told by manager Brendan Rodgers that he will only be a squad player if he stays at Anfield.
Rodgers has given the same message to midfielder Adam, with Stoke understood to have made a bid of around £4 million on Wednesday.
Liverpool's tight financial constraints mean that Rodgers has to sell before he can buy.
"I don't think we are in a position to have £35 million players as third choice strikers," Rodgers said in reference to Carroll's situation.
"It doesn't take a rocket scientist to see that Andy has been a cover player for us in the opening two games."
Walcott had looked likely to leave Arsenal after rejecting a new contract with only a year to run on his current deal but the forward has since held private discussions with manager Arsene Wenger over his future.
But Liverpool, who have asked to be kept informed of Walcott's potential availability, are still considering a late bid.
Asked if the club could afford to buy without selling first, Rodgers said: "No. Not at this stage. Obviously, I have seen a lot of the links and it is great that those players would want to come here.
"But the reality is that we are not in a position to do those sorts of deals."
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