Big name players have been linked with a January move to the Madejski Stadium as the club struggle to pick up points but with wealthy owner Anton Zingarevich now backing the club, two and two have been put together.
However, McDermott is refusing to talk about players at other clubs, but doubts any major moves when the transfer window opens in the New Year.
“No, no chance. I don’t work like that,” he said.
“We have brought a number of players in for the future and the present in the summer and worked with the budget that we had.
“That would be disrespectful to the players we have here at this moment in time, these players are a great bunch of people.
“They are close, they are competing in each and every game there is no doubt about that.”
“I never talk about players we haven’t got. We will identify areas we think can be strengthened so I’m sure when January comes we can talk about every new player we want to talk about.
“The league we are in, you can’t go and have a coffee without it being in the papers.”