Sean Dyche insists Watford do not need to sell any of their players in January to balance the books.

The likes of Marvin Sordell and Adrian Mariappa attracted interest from other clubs in the summer and both players are expected to be the subject of enquiries when the transfer window reopens on January 1.

Watford owner Laurence Bassini has refused to speak in public for more than a month so supporters have been left unsure what the future will hold for their side.

But the Hornets manager confirmed to the Watford Observer: “No, I have not got to sell anybody.

“It is a positive in a way that people are always looking at our players but we certainly are not under pressure in a sense that someone has said ‘you have to do this or you have to do that’.

“The only thing to say, which is true of every club, is that everyone eventually has a price. But that is not just Watford, that is any team.”

Dyche had a meeting with the club's directors on Monday night but he said that was not about transfer plans.

The former centre half claims he has not been given a figure for possible transfers but he did indicate that money was available “I have not been told a specific amount, I think we are trying to be flexible,” Dyche said.

“We do not have a bottom-less pit and have to choose wisely within certain parameters. I don't think we will be having a £5m war chest somehow but if the right player comes available and fits into our thinking financially, then it might be something we can explore.”

Watford’s board members this week raised the issue of whether the club’s playing squad is too large and Dyche would not confirm that he will be looking to make new signings next month.

The loan deals of Wolverhampton Wanderers’ Michael Kightly, Sunderland defender Nyron Nosworthy and Swansea City striker Craig Beattie are all up in January and possible renewals are sure to have an impact on Dyche’s transfer plans.

The Watford manager said: “It depends on the ins and outs in January. It is an interesting time for any club so we will have to see how things develop; possible players going out, possible players coming in and targets we are aligning.

“As it gets closer, things start sorting themselves out and moves start happening for us, and others, and the picture changes every day.”

Beattie has found first team opportunities hard to come by since his arrival but Kightly and Nosworthy have become instrumental parts of a rejuvenated Watford side.

When asked whether he wants to keep Kightly and Nosworthy, Dyche replied: “Yes, they have been good additions to the squad. When loan signings come in, you are hoping they will perform and I think they have done.

“Having quality players in our squad can only increase demand and as I have suggested, the payback is usually performances being raised.”

Kightly’s initial loan was only due to last a month as he was already part of the Wolves match-day squad prior to his arrival in Hertfordshire.

Mick McCarthy wanted Kightly to have a run of games following a long spell on the sidelines and his future is unsure, with the winger impressing for Watford and his parent club struggling in the Premier League.

A possible extension for Nosworthy is also up in the air.

There is still no definite time frame on Martin Taylor’s return from injury but whereas Nosworthy was frozen out at Sunderland under Steve Bruce, he has since been replaced at the Stadium of Light by Martin O’Neill. Dyche said “that might influence things.”

Watford had Slovenia Under-21 international Jan Gregus on loan last week but the midfielder has now returned to Banik Ostrava.

Dyche said the 20-year-old “fitted in nicely and had a good week” and stated the Hornets have not made a decision regarding whether to sign Gregus.