Southampton boss Harry Redknapp is keen to trim his squad to allow him to pursue his interest in Steve Stone.
Defender Alaeddine Yahia is set to move to St Etiene, and Belgian international Jelle van Damme is poised for a loan spell at Werder Bremen.
Redknapp confirmed on Saints website that he would be keen on Stone, 33, who was released by Portsmouth.
The Saints boss said: "I'd take Steve Stone if I could, and if I can shift a few he would do a terrific job."
Redknapp initially brought Stone in on loan from Aston Villa while at Portsmouth and the England international was an integral part of Pompey's Championship winning team under the current Saints boss.
Tunisian international Yahia, 23, was signed for £350,00 from French club Guincamp but failed to break into Saints first team and spent a spell on loan at St Etienne.
Van Damme failed to make an impression at St Mary's
Saints paid Dutch giants Ajax around £2.5m in June 2004 for van Damme, who is a regular in the Belgian squad at just 21.
Van Damme also failed to make an impression and stated he did not want to stay at St Mary's when Saints were relegated.
With Graeme le Saux's retirement and Olivier Bernard's short-term contract expring, van Damme's exit leaves Saints without a recognised senior left-back.
Saints are also poised to sell Swedish international midfielder Mikael Nilsson, who they signed from Halmstad for £400,000 a year ago.
Brondby have made a bid of £250,000, but face competition from fellow Danish club Copenhagen, and French outift Rennes.
Despite being a regular Sweden international who played every minute of their Euro 2004 campaign, Nilsson struggled to cope with the physical demands of the Premiership.