On a reduced budget I can't see us having , or needing, more than 3 keepers (one out on loan with recall clause) and 22 outfield players.
If we get rid of the 10 out of contract we still have 18 under contract ( 2 keepers). Don't think that leaves a lot of wriggle room so we'll need to shift a fair few somehow to create space for quality. I'd be looking at Shelton, Ward, Willoughby, Nuttall and Reid for sure. And I'd still have doubts over Lundstram, Sheron and Kitch.