Chairman Tony Fernandes has distanced Queens Park Rangers from a move for Joleon Lescott.
The Manchester City defender, who is out of contract of next month, has been linked with a number of Premier League clubs, with Rangers chief among them.
QPR, who clinched promotion after a dramatic play-off final victory over Derby County, were heavily criticised during their previous stay in the top-flight for having splashed out on big names that did not produce.
Manager Harry Redknapp recently ruled out moves for further out-of-contract stars Rio Ferdinand and Frank Lampard, and Fernandes told Sky Sports that the club will go for a different approach this time.
"I think these are all fantastic players being mentioned but we have brought in players who've been at big clubs before and we got our fingers burned," he said.
"We have a different philosophy from this time two years ago. We know what we want, we have a list of targets that we think are the right sort and will add tremendous value to the club.
"You need a balance of youth and experience but you need to get the right experience - people who are ready to come down and battle. People who have come from places like Manchester City, having won titles and been in the Champions League, might not have the right energy you want."
Fernandes, who bought the majority sharehold in 2011, held a meeting with chief executive Philip Beard, Redknapp and other officials at the club in order to discuss potential transfer targets on Friday.
"We had a fantastic day talking about our targets and what we want to do. We need maybe four or five new players and we are a much better prepared club than we were two years ago," he said.
"We saw at Wembley a new type of QPR culture and it made me proud. We want to keep the spirit together and get the right dressing room. It's amazing what you can do with that.
"We said we'd learn and come back stronger and next season we will see. No one can guarantee anything. It's so unpredictable. But we will give it a bloody good fight to stay up."