Hull City chairman Paul Duffen says they're studying the January market carefully.
Duffen told BBC Radio Humberside that he will wait patiently until the right deals are available.
"The timing of making a move for a player is crucial because you don't want to do it as a buyer, you want somebody else to be a seller," he said.
"If we can bring people in when they are surplus to requirements elsewhere, it is a better transaction for us."
Duffen has admitted that the process of looking beyond England is already under way.
He added: "Right now you've got a situation where both our permitted loan slots are taken up, which means that if that stays the same way we can't loan players from English clubs and we'll have to look abroad to bring any loanees in.
"We have been monitoring players persistently throughout this season that we think might be of interest to join Hull City either now or in the summer and we are looking at positions now that we feel we might want to strengthen."