Bolton manager Owen Coyle has confirmed that talks over the possible transfers of Shaun Wright-Phillips and Tuncay Sanli are ongoing.
The Trotters are in pole position to sign Manchester City outcast Wright-Phillips, who has been told by Roberto Mancini he can leave.
Sunderland and Wigan have also been linked with the England winger, but Bolton have stolen a march on their rivals as they work quickly to replace South Korean Lee Chung-yong , who will miss a majority of the season with a broken leg.
Coyle has admitted progress is being made and that financial details are still being discussed by both clubs.
“Shaun is a tremendous player,” said Coyle.
“He is someone I would love to bring to the club. Whether it is possible, only time will tell.
“There are financial implications involved. Players at Manchester City are on contracts that are more than we could pay. There is a threshold we cannot go beyond.
“But there has been dialogue between our chairman and (City chief executive) Garry Cook. That is where we are at the moment. There is nothing concrete.”
Meanwhile, Bolton are closing in on Turkey international Tuncay – currently at Wolfsburg, and a loan deal is now close.
“We are a good way down the line with that but it is not cut and dried,” he said.
“He is a terrific player, who really works his socks off.”