Wigan Chairman Dave Whelan is awaiting a bid from Tottenham Hotspur for striker Hugo Rodallega, whose contract expires at the end of the season.
Reports suggested Spurs were ready to make a last-minute offer for the striker and Whelan refused to rule out the possibility.
Wigan have already turned down an offer from QPR during the transfer window, while a deal with Fulham fell through.
Whelan revealed Wigan had accepted an offer from Fulham, but Andy Johnson refused to move to the DW Stadium.
Speaking to ESPNsoccernet, Whelan said: “We are used to Tottenham making a last minute bid on transfer deadline day, and by last minute, I mean the very last minute.
“I have seen Spurs linked with Rodallega for some time, but we have not received a bid, not even an enquiry as far as I know.
“But that doesn’t mean they won’t make a bid, but if they do they always leave it late, very late.
“It might make sense to cash in now, but if he stays with us to the end of the season he can help us stay up, which would be worth far more than a transfer fee.”
Whelan also confirmed Andy Johnson had rejected a move to Wigan.
The Wigan chairman said: “I’ve no idea why Johnson said no, I think he didn’t fancy coming north.
“It would have been a good deal for us, but that’s football.”