Harry Redknapp insists he would have no qualms bringing no new faces to Tottenham this summer, as the club "haven't got money to waste".
Redknapp is known for his ability to wheel and deal in the transfer market, but despite the transfer window opening over two weeks ago Tottenham's chequebook remains locked away.
The Spurs boss is open to bolstering his squad if the right quality becomes available he says there are no deals on the horizon at White Hart Lane.
Redknapp splashed out on the likes of Jermain Defoe, Robbie Keane and Wilson Palacios in the winter transfer window and Redknapp said: "We're just looking. If we find players that'll improve the team we'll do something.
"If not, we'll stay with what we've got. We've got a good squad and we'll see where we go.
"It has gone a bit crazy at the moment, but everyone's got their own valuation of what players are worth and if you can get them for that value than we'll sit tight. Like everyone we haven't got money to waste.
"We spent good money at Christmas in the transfer window so we're happy with the squad. If we can improve the squad with real quality then we will do, otherwise we'll stay with what we've got."
Spurs have been linked with Hamilton starlet James McArthur recently, although Redknapp has dismissed any move for Scotland Under-21 international
"There's nothing in that at all. I don't know where that's come from," he added on McArthur, who is believed to be holding transfer talks with Wigan and Wolves.
Redknapp has also dismissed speculation linking the North Londoners with a move for Real Madrid Alvaro Negredo: "I know nothing about that either."