Harry Redknapp has revealed Tottenham chairman Daniel Levy has urged him to invest in a player who can "make the difference" in January.
After finally breaking into the Champions League last season, Spurs have been tipped as potential title contenders this time around with the likes of Rafael van der Vaart, Gareth Bale and Luka Modric all in fine form.
Levy is apparently now eager to ensure they continue their forward momentum by bolstering the squad but, although agent Barry Silkman claimed on Friday that Redknapp was close to sealing a loan deal for a player in Spain, Redknapp has played down expectations over new arrivals.
"The owner would like me in all honesty to go and spend his money and buy somebody who could make the difference, but I don't know where that player is," he said.
"I know where they are but they're not for sale - we can't go and buy the people that you'd put your life on. Anybody who's got anybody who's real top class, they don't want to sell them at this stage of the season.
"We're not in the situation where we need to panic buy. Unless it's somebody who's going to make a difference to the team then we really wouldn't bother."
He added: "We've got good players. We've got players that are getting better, which is great. Bale, what a year he's had. Luka Modric, he's just been incredible. You've got Van der Vaart here now who's come in and, when he's been fit and playing, has just been fantastic.''
It remains to be seen, though, whether the current squad is capable of replicating last season's fourth-place finish.
"Not being disrespectful to the other teams but, the position we're in, it really is beginning to look like it could be the five teams pushing for the Champions League places," Redknapp said.
"Who are you going to knock out? You're not going to knock Man United out, Chelsea, Arsenal, Man City ... it looks like we're going to finish fifth, having said all that!"
He added: "We want to be right up there challenging to get into the Champions League next year and even higher if we can."