Walsall refuse to rule out a deal for Julian Gray

The 33-year-old has been training with the club for the past few weeks in a bid to build his fitness following his departure from Cypriot outfit Nea Salamina Famagusta.

Saddlers boss Dean Smith confirmed Gray, who scored 14 goals in 61 appearances for the Legaue One club between 2010 and 2011, is hoping to earn a deal at the Banks's.

"Julian is a player who did really well for me when I first took over in the job," said Smith. "For me he has had a fantastic attitude and is a really good footballer.

"He has come in and kept himself fit. I think he is hoping he can earn a contract here and I have said we will take a look at him. It's up in the air at the moment.

"I'm sure he will be looking at other avenues and I have told him to do that as well because, at the moment, there is nothing concrete from us."

Smith confirmed he does have cash available should he need to bring in any new players. But he is unlikely to make any moves before the transfer window closes on September 2.

He will, instead, use emergency loans to supplement his squad should he need to.

When asked about the possibility of bringing in new players, Smith said: "I'm not so sure now.

"I have got a good squad of players and they have proven to me already they are equipped for a go at League One.

"There is money in the kitty to go out and spend should I need it and that would be now loan players should I need it after the window closes and when the emergency loan window opens."

Smith added there was "absolutely no truth" in rumours the Saddlers would offer deals to Chelsea full-back Sammy Bangura or former West Brom midfielder Jonathan Greening.