West Bromwich Albion's incoming manager will not receive any money for the January market.
The Telegraph says Albion are stepping up their search for Steve Clarke's replacement but will expect his successor to mount a revival with the existing squad.
Jeremy Peace, the chairman, operates a "topping up" policy in the New Year and is reluctant to provide further transfer funds after spending almost £12million on Stephane Sessegnon and Victor Anichebe in September.
Albion also paid Manchester City a £2million loan fee for winger Scott Sinclair while Nicolas Anelka's wages are over £35,000 a week.
Their summer expenditure means the next appointment at the Hawthorns will be under orders to firefight without any new signings, with fringe players Graham Dorrans and Markus Rosenberg expected to leave in order to trim the squad.
