Liverpool boss Roy Hodgson will only be doing business in the transfer window if the players are immediate first team material. The former Fulham boss also revealed there would be no first team members leaving in January to raise funds as he hoped the American owners would back him with a war chest.
However, Hodgson told Liverpool's official website: "We have a lot of ideas. We're not looking to move anybody out and it would be nice if we could improve our squad with one or two players."
He added: "We want first-team material, they cost money and they are not always available in January.
"I can assure the supporters that never a day goes by without me and Damien Comolli having lengthy discussions about it. But we'll have to wait and see what transpires."
He said: "I would suggest things will probably happen later in January because that is normally the case.
"A lot depends on the situation of other top clubs here and abroad, on their need to sell.
"Sometimes it's easier in the summer because clubs think they can then use the money wisely to build their team - they can sell one star player and buy three or four new players. This is less likely in January.
"January is the window for agents and journalists. Every day my son scours the newspapers and tells me we're linked with this player and that player, and a lot of them I can quite honestly say have never been mentioned in any discussions. And yet still in newspapers we're going to sign them.
"My message to the fans is to be very sceptical about all the things you read."
