Adam Lallana transfer latest: England international will not leave on the cheap, warns Southampton director

The 26-year-old, who is currently at the World Cup with England, has been strongly linked with Tottenham and Liverpool but the club are adamant he will not leave this summer

Adam Lallana could leave Southampton this summer but only if the the club's asking price is met, according to the club's executive director Les Reed.

The Saints are preparing for a summer exodus after the departures of manager Mauricio Pochettino to Tottenham and influential striker Rickie Lambert to Liverpool.

Winger Lallana has been tipped to follow Lambert out of the club with, while teenage left-back Luke Shaw has caught the eye of Manchester United and Chelsea.

But Reed insists key players will only leave St Mary's if the price is right.

"We need to sit down, assess and audit our squad and look at the strengths and weaknesses," he said.

"Anybody seriously considering coming for our players are going to have to think very significantly about the size of the fee. If we do take money it will be because it's the right amount and it enables us to improve the team and move forward.

"We'll look at players that we'd like to bring in and then look at the individual cases of the players who may want to leave.

Ronald Koeman has joined Southampton after leading Feyenoord to second place in the Dutch League Ronald Koeman has joined Southampton after leading Feyenoord to second place in the Dutch League  

Southampton appointed Ronald Koeman as their new manager to succeed Pochettino on Monday and Reed believes that Lallana should wait to see what the Dutchman can do before deciding to leave.

He added: "Lallana's been here long enough, we've brought him to this level and we feel that perhaps he should give it a little bit longer.

"I hope the (managerial) announcement will prick up a few ears and they will think that's a good, positive move from the club."

Lallana could end up facing Southampton if he decides to join Liverpool, as the South Coast outfit travel to Anfield on the first day of the 2014/15 Premier League season.

Read more: Liverpool could move for Shaqiri
Southampton appoint Koeman
Southampton 2014/15 fixtures
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