Portsmouth chief executive Peter Storrie believes his club have no choice to but to sell more players even though the transfer window closed more than a fortnight ago.
Pompey have asked the Premier League, who in turn have made a request to world's governing body FIFA, to allow them to raise some money by offloading several of their stars.
The debt-ridden Premier League side face a winding-up order from Her Majesty's Revenue & Customs although reports suggest a South African consortium are close to completing a takeover of the south coast club.
Storrie said:"Of course we don't want to sell any more players, but we've no choice. Avram Grant still believes he can keep us up, so he doesn't want to sell any more players.
"But if it's a question of survival or selling, there clearly is no choice. We have some immediate cash-flow issues to resolve."