West Brom boss Tony Pulis has been keeping an eye on three Chelsea players but will not be signing defender Branislav Ivanovic.
Sky sources reported on Sunday that the Baggies were looking to hijack Ivanovic's move to Zenit St Petersburg, but speaking on Monday Pulis said: "He's a good player but he's never been on our radar."
With the transfer window closing on Tuesday night, Pulis implied the arrival of Jake Livermore, for a reported £10m, will remain the only spending they do, despite also selling Saido Berahino to Stoke.
Pulis was at Stamford Bridge on Saturday to watch Chelsea's FA Cup tie against Brentford but he revealed he was watching young players rather than 32-year-old Ivanovic.
"He's a good player but I was at Chelsea to look at players Brentford mentioned to me," Pulis added. "I was also looking at Chelsea's young players, [Nathaniel] Chalobah, [Ruben) Loftus-Cheek, and [Kurt] Zouma.
"We still want to bring players in but they'll probably be on loan. I can't see us spending any more money."
West Brom are looking for a striker to replace Berahino and were interested in Bournemouth's Callum Wilson, who has scored six Premier League goals this season, but Pulis has been told the 24-year-old is not for sale in January.
Pulis, whose team play at Middlesbrough in the Premier League on Tuesday, admitted he was extremely determined to conduct some business in the next 24 hours.
"There is such a small pool that we are fishing in," said Pulis.
"We're moving forward, but it will take time. We have a budget and we've got to make sure the players are right. We're desperate to bring players in.
"We've moved up a level this season. We are competing against teams like West Ham and Everton but players have gone there instead."