Wolverhampton Wanderers claim to have given up the chase for Derby County midfielder Inigo Idiakez.
Despite being unsettled by Wolves' obvious interest, the Spanish midfielder has agreed an extension to his deal at Pride Park.
Idiakez was already contracted to Derby to June 2007 and the Rams have matched Wolves' offer of a three-year deal by adding a further 12 months to the agreement. Although it does not appear to have been signed, interest from Wolves manager Glenn Hoddle seems to have been fended off.
Sources at the Derby end suggest that the two bids Wolves have posted, of £500,000 and then £750,000, are well short. But Wolves are reluctant to go as high as £1 million for a player who will be 32 in less than three months.
"I rate the player highly, but we have to respect that Derby do not want to do business and we had to move on. We weren't going to wait forever and we're in communication with other clubs about other potential targets.
"We have expressed interest in other players but there is nothing on the horizon set to happen immediately. With two or three players injured, you suddenly find that the squad looks a bit bare. It is one thing to say 'I shall only strengthen the squad if the right player comes along' but it does concern me that we could begin to look sparse if another injury hits.
"If the transfer window had already closed, we could be stuck. I want a squad that has strength in depth and it might mean bringing in someone who would be able to go straight into the first team.
"But, once the window has closed, it could mean bringing young players like Mark Davies through to develop in the first-team squad."
Meanwhile, Rob Edwards appears the favourite to continue at centre-half in place of Jody Craddock for Saturday's match at Leeds.
Hoddle said: "It is too early to say whether Jody Craddock will be fit. We can't afford to play him and then have to substitute him part way through the game again. His calf tightened up against Palace and he allowed us to take him off quickly so as it didn't develop into a pull.
"Although Rob Edwards had done well at Southampton, we just felt Jody's experience would have been more beneficial against Andy Johnson but Rob got his run-out anyway and is more than capable of assuming that role again.
"He has come on well over the past few months and has put the injury of last season behind him, both physically and mentally."