Manchester United have confirmed that there will be little activity at Old Trafford during the January transfer window.
Talks are continuing with Serbian winger Zoran Tosic, with the Red Devils having already agreed terms with Partizan Belgrade and obtained a work permit for him to play in England.
They have further confirmed that a deal for youngster Adem Ljajic, also of Partizan, is now in place and they hope both players will soon be signed, although, as skysports.com revealed, Real Madrid are now believed to be keen to hijack the double move.
Chief executive David Gill confirmed talks were continuing, although he remained coy on whether they would be successful or not.
"We're still in negotiations with both," Gill confirmed to MUTV.
"We've agreed club terms, now we're working on the player terms. They may or may not happen.
"Apart from those, I don't think there will be a lot of activity from us in January.
"Perhaps the odd loan signing going out if Alex decides he wants to give some of the younger players first-team experience elsewhere. But I don't expect there to be much else."