Rafa Benitez says Newcastle United do NOT have to sell any more players.
The club this week sold Georginio Wijnaldum to Liverpool for £25million.
Moussa Sissoko is looking to follow Wijnaldum out of the exit door at St James's Park.
And Real Madrid are the latest club to be linked with the midfielder, who is rated in the £35million-bracket after a strong showing for France at Euro 2016.
Benitez, however, is adamant that if another player is to leave Newcastle, it will be on the club's terms.
Asked about speculation over the future of Sissoko, United's manager said: "You know we don't talk about our business.
"But that is football and we have a good squad and a lot of expectations. We cannot control that.
"We still have to keep doing our job.
"If someone comes with a right offer, we have to listen. But we don't have to sell. We will try to keep a strong squad.
"Some players, maybe, will be waiting for a big offer (from) a top side in the Premier League or in Europe, but if they have to stay, they have to stay. That's it.
"They will be disappointed, but we are disappointed because we are in the Championship."
Sissoko is due to report back to Newcastle's training ground on August 1.