Newcastle United supporters have been told that the club may not sign anybody during this month's transfer window.
The disclosure came at a fans' forum on Monday at which Magpies officials discussed a number of issues.
And following a summer in which only striker Loic Remy, on loan from QPR, arrived at St James' Park, they said January deals would "perhaps" be sanctioned, and then only if the club felt they were right.
"The board explained its view was that the current squad is stronger than it has been for some time," the Chronicle reported the minutes of the meeting as saying.
"It was stated that if the right player became available for the right price, perhaps the club would bring someone into the squad. If not, it would not add to it."
Meanwhile, Newcastle continue to be linked with a move for Montpellier midfielder Remy Cabella, with the Frenchman revealing he would be interested in a move to England.
Cabella said in a radio interview: "For the moment, I am 100 percent focused on my team. I am focused on staying up.
"If an offer is agreed than I will decide. Everyone says if it's from England I must go. There are some good clubs in England. Over there, I would be happiest."