Chief executive Keith Wyness says Aston Villa remain confident of making three or four signings this summer with the budget the Championship club has set.
Wyness did not reveal how much they would have to spend but said boss Steve Bruce understood the club's position.
"There are about three or four targets," he told BBC WM.
"We can easily achieve that with the budgets we have."
Wyness dismissed reports that Bruce, who took over at Villa Park in October and guided the club to 13th in the Championship, had been surprised by his budget for next season.
"I've spoken with Steve and the words 'shocked' and 'stunned' didn't come to mind - [it's] maybe journalistic speak. Steve understands completely," he added.
"I'm already in discussions and active on a number of deals."