With the mouth-watering prospect of Steven Defour in a Fulham shirt now a distant memory, the Whites have been linked with two new European talents from on the continent.
Aged just 22, Canales started his professional career with Racing Santander, before a high-profile move to Real Madrid in 2010.
Later signing for Valencia, while out on loan at the club, Canales is widely considered a hot prospect for the future, and one that Valencia will hope can benefit from a loan spell in the Premier League.
Not unlike Defour, Canales would be a good alternative to the Belgium who recently slipped from Fulham’s grasp, but again, will only be a temporary addition to a squad in desperate need of a permanent renovation.
Reported in numerous German publications is the news that Fulham are also in the market to sign FC Kaiserslautern striker, Simon Zoller.
But unlike the positive nature of the Canales reports, German media are unanimous in their belief that Zoller will stay with Kaiserslautern, who are currently pushing for promotion in the Bundesliga 2.
Having scored 10 goals in 18 appearances, the front man has been some what of a revelation to the German side, who paid just €350,000 for him back in June of last year.
While this kind of speculation is positive for the Whites, they must act quickly in order to secure at least one signature by February, and with reports suggesting Everton are interested in Canales, the time to move is now.