The two quietest places in the last two days of the transfer window have been Old Trafford and Molineux.
You can understand Manchester United’s wheelers and dealers taking a late-summer break.
The Reds’ start to the season indicates that they have got a perfect squad, good enough to beat off challenges from Chelsea and Man City, no matter how much their flash and extravagant rivals splash out.
But the Wolves' situation is slightly less clear cut.
Manager Mick McCarthy may be sitting in a deckchair with his best Victor Meldrew handkerchief knotted round his head, muttering to himself that he’s not getting involved in any last-ditch spending spree. His team sits pretty in fifth place in the league, and his club spent enough in the close season on O’Hara and Roger Johnson.
McCarthy may be right. He is a shrewd judge.
Wolves are spending their money on real estate during this transfer window.
The old north bank is taking shape ahead of schedule, and will lift the Molineux stadium to a higher level when it’s all finished.
Molineux’s capacity will increase to 31,700 at a cost of £16 million. Stage Two will see it become a 36,000 stadium at a total cost of £40 million.
When the Wolves board took the big decision to go ahead with the stadium project earlier this year, it was a big risk.
The West Midlands is one of the worst hit areas in the recession, with appalling unemployment figures.
And Wolves looked likely to go down.
Those two factors could have meant big attendance problems for the Wolves.
But they took the plunge, stayed in the Premiership and are now well on the way to getting a bigger, better Molineux.
In the cold winter days of February, that decision was inspired. The stadium is a great long-term investment.
In the late summer days of the transfer window the Wolves board have gambled on not needing any expensive boost to their playing squad.
That, too, may be an inspired decision.
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