Redknapp will operate on a tight budget but look to make moves that will boost their bid for Premier League survival.
â€śIf you want to go and spend ÂŁ30million on [Sergio] Aguero or [David] Silva then you know what youâ€™re getting. Theyâ€™re not gambles. Theyâ€™re certainties,â€ť he said.
â€ś[You can] go and buy Rafa van der Vaart or someone then you know what youâ€™re getting. Thatâ€™s how the game works.
â€ś[Santi] Cazorla is not a gamble, but when youâ€™re dealing in the other end of the market youâ€™re always taking chances because youâ€™re not paying big transfers fees.
â€śIâ€™m going to be taking some chances in the window. Hopefully theyâ€™ll come off but thereâ€™s no guarantee because Iâ€™m not going to be able to pay ÂŁ25-30million for a guaranteed [Robin] van Persie or some fantastic player with great character.
â€śIâ€™ve got to take some gambles. Some will work â€“ hopefully they all work â€“ but some wonâ€™t work. Thatâ€™s the chance you have to take.â€ť