Liverpool managing director Christian Purslow says any money made from player sales will go to manager Roy Hodgson's transfer fund.

Hodgson admitted earlier this month he did not know whether anything left from the proceeds of Javier Mascherano's £22million move to Barcelona would be available come January.

Purslow confirmed it would, telling LFC TV: "Every single penny we generate from selling footballers goes back into buying footballers.

"I wouldn't have it any other way and I wouldn't have taken the job to oversee selling footballers to pay banks or owners money.

"We never have in my time here and we never will as long as I am here.

"If Roy continues to see a new striker as a priority then that's what he'll work on doing in January with the total support of the club and with every penny we have available."