The Tigers retain an interest in Brentford striker Halil Dervişoğlu and know they will likely need to wait if they are to strike a loan deal for the Turkish international.
City have received positive indications from the Premier League side that they will sanction Dervişoğlu's exit
with the player keen to come to the MKM Stadium, but that will only happen if Thomas Frank secures the services of a frontman he's chasing - the arrival of Mikkel Damsgaard will have no bearing on a move for the highly-rated 22-year-old.
Owner Acun Ilicali remains interested in doing a deal to bring Dimitrios Pelkas to the club but that is a deal likely to go down to the wire, if it does indeed, get done, though talk of a £3m move for Fenerbahce's Greek international are believed to be wide of the mark, at this stage.
Elsewhere, the club have moved on from a target Ilicali held discussions with in Istanbul last week though talks with an attack-minded frontman remain ongoing with his club.
City want a loan to buy deal with the players' parent club reluctant to do anything other than a straight loan, though the Tigers remain positive that a deal can be struck in the coming days.
Sources closes to City's transfer dealings have told Hull Live that the club remain energised going into the final weeks of the window and believe they will be able to add further quality to Shota Arveladze's squad, to give the Georgian the best possible chance of challenging at the top end of the Championship.
There's also a growing awareness from bosses that there is a need to add depth to Arveladze's squad given the relentless nature of the Championship season, particularly with the World Cup in Qatar taking out a month of action, meaning there will be an increase in midweek fixtures.
Jeremy Mpobi Ngakia is an active target with Arveladze keen to add competition to the right side of the pitch owing to the continued absence of Josh Emmanuel, though he is not thought to be their only option in that position.
Arveladze, Ilicali, and vice-chairman Tan Kesler are also keeping close tabs on the loan market and remain mindful of remaining within FFP limits set out by the EFL.