SWANSEA, WALES - Monday, May 19, 2014: England's Danny Ings in action against Wales during the 2015 UEFA European Under-21 Championship Qualifying Group 1 match at the Liberty Stadium. (Pic by David Rawcliffe/Propaganda)

Burnley release statement to clarify Liverpool’s reported interest in Danny Ings

Liverpool would not be able to sign Danny Ings then loan him back to Burnley this season, under Premier League rules which Burnley have highlighted in a statement today.

SWANSEA, WALES - Monday, May 19, 2014: England's Danny Ings in action against Wales during the 2015 UEFA European Under-21 Championship Qualifying Group 1 match at the Liberty Stadium. (Pic by David Rawcliffe/Propaganda)

Reports emerged on Thursday evening via all the major media outlets that Liverpool were planning to sign the forward this month then loan him back to the Clarets.

Whether this is a case of Liverpool not realising the problem with their intended plan, or reporters failing to spot the error in their report, it’s slightly embarrassing for somebody.

Burnley released a statement on Friday afternoon denying that the player, whose contract expires in the summer, will leave the club this month.

Burnley FC statement:

Following growing media speculation, Burnley Football Club would like to reiterate their stance regarding striker Danny Ings.

Ings has been heavily linked in the past 24 hours with a permanent move to Liverpool, with the suggestion that he would then be loaned back to the club for the remainder of the campaign.

This kind of deal is prohibited by the Premier League under rule V7 which states that a player cannot be purchased and loaned back between Premier League clubs in the same transfer window.

Chief Executive Lee Hoos said: “This type of move would violate Premier League rule V7 regarding transfers so simply cannot happen.

“This is the last time we will be making any comment regarding the player’s future.

“Over the course of the window, the player himself, Sean Dyche and the chairman have made it clear he won’t be going anywhere and we consider that the end of the matter.”

Ings has made an impressive start to life in the Premier League, scoring seven goals so far this season, and there has been no shortage of interest.

As well as Liverpool, Tottenham are reported to be tracking the former Bournemouth striker while Real Sociedad manager David Moyes watched the forward against Liverpool at Turf Moor on Boxing Day. Should Ings allow his contract to run out, it would more than likely spark a bidding war between a number of clubs in relation to the player’s wages – something in which Liverpool would struggle to compete.

Under FIFA rules regarding young players, Burnley would be entitled to compensation in that instance, but it is understood Sociedad would only be liable to pay £300,000 – leaving them plenty of room to offer a huge salary – while fellow English clubs could end up paying a fee 10 times that amount.

Liverpool manager Brendan Rodgers does not expect many, if any departures, from his first-team squad before Monday but he will allow 17-year-old Sheyi Ojo to go out on loan.

After Jordon Ibe’s success at Derby in the first half of the season, Ojo, who has yet to make his senior debut but was on the bench for recent matches against Burnley and Leicester, is set for a temporary move to Sky Bet Championship strugglers Wigan.