Liverpool face paying £30 million in wages to unwanted players next season.
The Sun says Kop flops like Milan Jovanovic and Joe Cole alone trousered around £12m between them in a disastrous debut season at Anfield.
The Reds are keen to offload a dozen players who have no chance of action in Kenny Dalglish's Anfield revolution.
Christian Poulsen arrived from Juventus touted as one of the great contemporary Danish stars, yet kicked off only nine times in the league - around £300,000 a match.