Just four days remain of the current transfer window and Watford could still conclude some business between now and the February 1 deadline.

For the Hornets it remains a case that players will likely have to be moved on before anyone is brought in, with a crowded squad already providing plenty of competition for places, but perhaps still not looking quite as balanced as it could be.

One player who is likely to depart is Glenn Murray, who the Watford Observer understands is talking to Nottingham Forest about a potential move.

The Brighton and Hove Albion striker arrived on loan at the start of the season, with the expectation that one of Watford’s main strikers would depart.

With both Troy Deeney and Andre Gray staying at Vicarage Road, Murray has found game time hard to come by and has not featured in a game since the 1-1 draw against Wycombe back in October.

Having signed a year-long loan with no recall option, it has left the Hornets and the striker in a tricky position, with Murray training alone in recent weeks as he tries to find a solution to the situation

Watford and Brighton are both happy for the veteran forward’s temporary contract to be expunged, providing an alternative is found.

A move to the City Ground may provide the perfect exit route for Murray, with Watford keen for him to not end up playing for any of their promotion rivals.

One player who is not likely to be departing during the current transfer window is Kiko Femenia, who wants to stay at Watford and help the team push for promotion back to the Premier League.

The Watford Observer understands that Villarreal, Granada and Real Valladolid have all approached Watford about acquiring his services during the January window but the full-back has said he is happy to finish the season at Vicarage Road before assessing his options in the summer, depending on where the Hornets are.

The lack of obvious outgoings for now is preventing Watford from making any sizeable moves regarding incoming players.

They are known to be interested in further bolstering their attack, despite the arrival of Philip Zinckernagel earlier in the window, and have made contact with Burnley about Matej Vydra, who has twice represented the Hornets before.

However, sources close to Vydra say it is unlikely that the Clarets will let him leave in this window, unless they bring in another striker, which is thought to be improbable at this stage.

Also on Watford’s radar is Rennes midfielder James Lea Siliki, who is understood to be keen on a move to Vicarage Road that would see him team up with his former teammate Ismaila Sarr.

Siliki is seen as a replacement for Etienne Capoue in midfield and talks between the two parties have been described as “positive” but are not close to a conclusion just yet.

One incoming expected to be announced prior to the end of the transfer window is former Newcastle United goalkeeper Rob Elliot, who has been training with the club ahead of a short-term deal, which is understood to have been already agreed.

The 34-year-old was released by the Tyneside club last summer and will be brought in as back up for Daniel Bachmann, with Ben Foster out with a broken finger and out-on-loan Pontus Dahlberg not available for a recall after undergoing surgery for a blood clot behind his collar bone.