Brighton chief executive Paul Barber has provided an update on the club's transfer plans.
The Albion managed to hold onto 21-year-old Moses Caicedo in the January transfer window.
Despite serious offers from Arsenal and Chelsea, they refused to sell the Ecuadorian midfielder.
Speaking to the Sussex Express, Barber stated their reasoning: "In the case of Caicedo, it may well have been right for the club that wanted him, it may well have been right for him personally but it wasn't right for our club and so the answer was no and he stayed.
"There was no amount of money during January that was going to allow us or commit us to parting company with Moises [Caicedo].
It was a critical player, we're sixth in the Premier League, we are going well, and we want to try and finish as high as we possibly can because we have an opportunity for the first time in our history to do even better than we have done previously which was finishing ninth in the Premier League."