Schalke are not interested in signing either Danny Rose or Ruben Loftus-Cheek on loan, contrary to reports.
Sky Sports understand the Bundesliga club have set their sights on only one more signing, a left-back, and have a budget or around £6.24m (€7m).
Schalke are keen to make a permanent signing and are not interested in loan deals and are hoping to finalise a deal for a new defender by the weekend.