Wolverhampton Wanderers chief executive Jez Moxey has admitted that his club have been frustrated in their attempts to bring in a number of new players this month.
Charleroi pair Adlene Guedioura and Geoffrey Mujangi Bia are the only new faces to arrive at Molineux so far, with Moxey revealing that several major bids have come to nothing.
He told the club's official website:"We have been trying to improve our squad with the capture of experienced top-flight players, but these efforts are proving frustratingly difficult.
"At present clubs are just not prepared to sell players who fit that bill.
"The main obstacle for us has not been the lack of money available for players. We have made a number of multi-million-pound offers for players which have been knocked back.
"We have also been involved in discussions with a club about a deal which would potentially have seen us break our transfer record. Finance is not the main issue.
"Of course, every player has a price but we have no desire to enter the realms of 'fantasy football' where you might have to spend £10million or more plus a massive contract for a player who, in truth, is only worth two to three million.
"We will not act irresponsibly or in a manner which could seriously harm the future of the club."