"Any inference that the club has to sell players in order to enter the market as buyers couldn't be further from the truth," the Blackburn chief executive, John Williams, said. Hodgson added that he has had no contact with Arsenal about Sutton.
Bryan Robson is hoping to solve his own goalscoring problems by taking the Bolivian international, Jaime Moreno, back to Teesside.
The Middlesbrough manager lost out to Crystal Palace for the Juventus striker Michele Padovano earlier this week, and Robson is trying to re- sign Moreno, currently playing for Washington in the United States.
Palace are looking to move up in the world and match the Premiership's elite following yesterday's decision of the chairman, Ron Noades, to sell his stake in the club. Businessman Mark Goldberg, who paid a reported pounds 250,000 to become a non-executive director in August, is to buy 10 per cent of Noades's shares for pounds 3m, and he has until February to decide whether to take up an option to buy a further 75 per cent share.
"This deal will secure a strong financial future for Crystal Palace and directly fund the recent signing of Michele Padovano," Noades said.
Goldberg, managing director of a computer services group, would continue to work full-time if the deal went through, while Noades would continue in his current role at Palace, where he has been for nearly 17 years.
The Premier League confirmed yesterday that they have signed a pounds 100m deal for overseas television rights to Premiership games. The three-year deal with the International Management Group and Canal+ television company will begin in 1998-99.
John Barnwell urged Football League clubs yesterday to follow the Premiership's code of conduct and save themselves a fortune in legal fees.
Barnwell, the chief executive of the League Managers' Association, said he was concerned by the number of outstanding compensation cases involving sacked managers. "Around pounds 2m has gone out of the game to solicitors in the last 18 months," he said, "which is daft."
The former Wolves manager was concerned that the League did not have compensation guidelines similar to those laid down by the Premiership, which force the dismissed manager and his former club to settle the contract within 28 days.Reuse content