Allardyce has been given the all clear to make signings in January, with owner Ellis Short prepared to fund him to the tune of £15 million in order to help preserve the club’s Premier League status.
However, the former Bolton Wanderers boss feels that won’t be enough and is now ready to part with a number of players in order to generate more funds available for a January dash.
"Sunderland manager Sam Allardyce is ready to sacrifice Jermain Defoe to fund a January spending splurge. The former Newcastle manager is also ready to make midfielder Seb Larsson available in January as he looks to raise extra funds," the report states.
Allardyce has come in with the sole purpose of helping Sunderland preserve their Premier League status, a role in which he has exceled at former clubs Bolton, Blackburn Rovers and West Ham United.
The popular coach tends to have a specific way of playing in order to achieve results, with a reliance on dead-ball situations and a target man in order to hold up the ball.
In the build-up to the Black Cats’ 6-2 defeat at Everton, Allardyce highlighted the risk of playing Defoe by stating that, while the striker scores goals, his presence leaves them more open in midfield.
Defoe seemingly has no part to play at the Stadium of Light, though selling him on could be tough as his wages may put off a number of fellow Premier League sides.
Larsson is another who has struggled to impose himself recently and getting him off the wage bill too could create space for a signing more fitting to Allardyce’s preferred style of play at Sunderland.