Lallana, who is tipped to be in Roy Hodgson's first team plans in Brazil this summer, has been expected to join Liverpool for some time with most in the footballing world seeing the deal as a foregone conclusion.
But after Rickie Lambert completed his £4m switch to Liverpool on Monday, Southampton released a statement assuring that no further players would leave the club until a replacement manager for Mauricio Pochettino had been found, leaving Lallana's future in limbo.
The statement on the Southampton FC club website read: "Southampton Football Club can confirm that we have received multiple offers for some of our players in the past weeks. We have no need to accept any offers. We are deep in the process of appointing a new manager who will continue to move our club forward. It remains our preference not to partake in any transfers until the new manager is in place."
Should Liverpool choose to look elsewhere there are plenty of other alternatives available whom will no doubt come at a cheaper price than Lallana.
News has already filtered from Switzerland this morning that the Reds are close to a deal for Bayern Munich midfielder Xherdan Shaqiri, with a bid in the region of €11.6m believed to have been accepted for the 22-year-old.
Another possible alternative would be Marseille star and French international Mathieu Valbuena who has also been heavily linked with a move to Anfield in recent weeks.
Southampton arguably overachieved in the Premier League last season but now face turmoil as their impressive side is torn apart.
It is yet to be confirmed whether or not Luke Shaw's proposed deal to Manchester United could be jeopardised by the apparent transfer embargo put in place by the Southampton hierarchy.