Bolton manager Owen Coyle insists he is not under pressure to sell Gary Cahill and Johan Elmander in the January transfer window.
Chairman Phil Gartside indicated the duo might have to move on as the club's debt has risen to £93million.
But Coyle said: "It is important we give balance to it (the chairman's remarks) in the context it was given. If there is time for selling players in terms of an inflated market then it is January when the window opens. The conversations I have had with the chairman and the owner (Eddie Davies) I am not under any duress to sell players. If that was the case we would have done that back in August."
He added: "These financial results do not appear on your desk on a Monday and you issue them on a Tuesday. It is an on-going process over the course of the year.
"It did not come as a surprise to the chairman and the owner what the financial situation was going to be.
"If and when the right offer comes in for anybody you would have to look at it because of the business side of football.
"But I do not feel under any more pressure today than I was two days ago to sell any players.
"Of course I would like Gary and Johan to stay as I am here to try and build a team and take it on."