Leeds United chairman Ken Bates has confirmed the club are holding 'serious' transfer discussions with a number of transfer targets.
It has been a quiet summer so far for The Whites with free signing Paul Rachubka manager Simon Grayson's only close-season acquisition.
Leeds have sold keeper Kasper Schmeichel to rivals Leicester City while the futures of both Robert Snodgrass and Max Gradel continue to grab the headlines.
Bates has confirmed a bid for a player has been rejected, an offer believed to have been tabled by newly-promoted Norwich for Snodgrass.
However, Leeds' supremo insists no player will be leaving on the cheap as the West Yorkshire outfit remain determined to win promotion back to the Premier League.
Leeds were also tracking three other players, but they opted to join Premier League clubs rather than make the switch to Elland Road.
"I can confirm we are in serious discussions with a number of players," Bates told Yorkshire Radio. "We are looking to sign four players.
"There are three that we failed to get because they signed for Premier League clubs, but that shows the quality we are trying to get it, and you can't blame the players.
"I'm not going into too much detail because it's stupid to comment on what you are doing when all you do is alert the competition.
"There are rumours you read in the papers, that this club is going to offer x for someone and y for someone else. It's all newspaper talk or agents trying to stimulate interest.
"I can assure fans that we have no intentions of selling our top players unless the offer is so ridiculous that it will enable Simon to strengthen his team in other ways.
"Our aim this year is to get in the Premier League and not be a breeding ground for others."