AC Milan vice-president Adriano Galliani claimed on Wednesday that his club's only remaining transfer target ahead of the new season is Sevilla forward Luis Fabiano.
That news will probably come as a huge disappointment to most Milan fans who have been impatiently waiting for a marquee signing to replace departed star Kaka.
But following the arrival of United States defender Oguchi Onyewu from Standard Liege on Tuesday, Kaka's Brazil international team-mate looks like being Milan's only other summer acquisition.
Milan had been linked with a host of other players such as VfL Wolfsburg's Bosnian forward Edin Dzeko and Real Madrid Dutch striker Klaas Jan Huntelaar.
And they had even come to an agreement with Porto to sign French right back Aly Cissokho, who took a medical at Milan last month, but that deal is also off.
"At this point everything's closed. That's enough talk about Cissokho and others because we've too many players," Galliani told the press upon his arrival at a Football League meeting.
"Everything's finished and the only ongoing negotiations are regarding Luis Fabiano, a player who our coach (Leonardo) prefers to Huntelaar."
But even a deal for Luis Fabiano is fraught with difficulties as Milan are rumoured to be offering only 14 million euros while Sevilla want something nearer 20 million euros for a player who is currently first choice for Brazil.
"We're a few million euros apart in our valuations. The difference is actually quite big," added Galliani.
"There's not much else to say, we have to come to an agreement with Sevilla on the numbers."
However, with Milan banking 67 million euros for the sale of Kaka and Onyewu arriving on a free transfer, many fans will be wondering just why the club has only 14 million euros to spend on Luis Fabiano.
It has left Galliani trying to defend the club's transfer policy, even insisting that they have been more active than it seems.
They brought Brazilian centre-back Thiago Silva to the club in January but he only becomes eligible to play this coming season.
"(Onyewu) was our second signing not the first because there's also Thiago Silva who wasn't eligible last season," added Galliani who then denied Milan had signed Onyewu solely on the back of some good Confederations Cup performances.
"The American seems to me to be a good player who will strengthen our defensive options.
"We were following Onyewu. Luciano D'Onofrio, who is the soul of Standard Liege, spoke a lot about him.
"He's a good player who has always done well and the Confederations Cup just increased his standing."
But with Paolo Maldini having retired and David Beckham returned to Los Angeles after the end of his loan spell from LA Galaxy, there is a strong feeling around the Milan camp that if anything the team will go backwards next season.
About 300 fans have already voiced their disatisfaction by protesting outside the club's training ground on Monday.
"We have many fans, some protest, others don't. Of course I undersand that Kaka's sale has influced the psyche amongst some of us but life goes on even if I doubt that there's anyone who could replace Kaka, most of all on a moral level.
"Kaka has left a sense in every fan of being widowed, myself included, but Milan survived after (Gunnar) Nordahl, (Gianni) Rivera, (Marco) van Basten and (Franco) Baresi and we will survive also after (Paolo) Maldini and Kaka."