Manchester United chief executive David Gill has suggested any summer transfer business involving the Old Trafford club will take place after Euro 2008.
United manager Sir Alex Ferguson has already suggested this summer will be quieter than 12 months ago when the Red Devils spent around £45million on the likes of Owen Hargreaves, Carlos Tevez, Nani and Anderson.
This summer the newly-crowned Premier League and European champions have so far agreed a fee with Cardiff City for youngster Aaron Ramsey, but elsewhere Gill doesn't expect much immediate business to take place.
He said: "I don't know about expecting new additions before we set off on pre-season, but we expect something during the course of the summer.
"If you look at it traditionally when there is a big competition there is not a lot of activity going on when the competition is taking place.
"Quite rightly the players are concentrating on the competition and playing for their countries. The managers of those countries don't want distractions about transfers.
"It is likely more moves will happen after the tournament, so any new players wouldn't be with us on tour unless we do pull a rabbit out of the hat."