Blackburn CEO Steve Waggott insists the club won't be forced to cash in on Adam Armstrong in January, whilst he also confirmed that Newcastle United have a 'big' sell-on.

The 23-year-old has been outstanding in the opening weeks of the season, scoring 11 goals in 10 Championship games. As well as his cool finishing, Armstrong has impressed with his pace and movement.

Perhaps inevitably, that has sparked rumours that Armstrong could depart in the New Year but Waggott told Lancashire Live that the club will be under no pressure to cash in.

"I think first we'd need to get an official offer from the club and if say for example Leeds United phoned us up in late December, early January saying we have £25m-£30m for Adam Armstrong then I would say to the owners here's an offer we need to consider.

"How are you going to use the £30m? Yes you could use some towards operational losses but how are you going to build out from losing a player of that magnitude? At the moment, if you took him out you'd probably say our promotion prospects would be vastly diminished."

As well as that, Waggott addressed the Newcastle situation, and whilst he didn't acknowledge the exact figure, he stated that Newcastle will be receiving a cut of any future transfer.

"We got a good price, albeit with a big sell-on."

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The verdict

Firstly, you have to say that Armstrong is a quality player and his form over the past year is obviously going to attract Premier League.

As for Waggott's comments, they are sensible enough. He understands the importance of the striker to the team and recognises a massive offer would be needed.

Newcastle having a significant sell-on is a blow for Rovers but they will still make a tidy profit on Armstrong when he does leave!

Thoughts? Let us know in the comments below.