West Ham manager Sam Allardyce expects to bring in one more new signing ahead of Friday's deadline - but concedes that as things stand it is unlikely to be Andy Carroll.
Allardyce was first asked about a possible loan move for Liverpool striker Carroll a month ago, but the England international is understood to be against joining the Hammers.
Allardyce has since spent the bulk of his transfer budget on winger Matt Jarvis, who cost almost £11million from Wolves.
Anfield boss Brendan Rodgers confirmed on Wednesday he wants to move Carroll on to raise funds for his own transfer targets, but Allardyce said: "I don't know whether that benefits me or not.
"Our problem is I have since moved on financially. When I first went for Andy Carroll I could afford him, whether I could now is a different matter.
"At the very best I think one player will be joining us before the deadline tomorrow.
"Hopefully we can achieve that and get a quality player who could add to the team and the squad and make an impact almost immediately."
On Wednesday, Newcastle boss Alan Pardew all but admitted defeat in his attempt to re-sign striker Andy Carroll.
The Magpies tabled a cut-price offer for the man they sold to Liverpool for £35million in January last year, and sources close to Carroll have indicated that if he had to leave Anfield, he would only do so for Tyneside.
However, Reds boss Brendan Rodgers has dismissed Newcastle's proposal and the England international looks destined to remain on Merseyside, for the time being at least.
Asked if Carroll's arrival was still a possibility, Pardew replied: "Not as far as I'm aware, no."
