But some big additions could be on the way in the next few weeks.
Speaking as the team trained ahead of Saturday's home game against the Seattle Sounders, Toronto FC president Kevin Payne said the team is on the verge of making some major upgrades to its attack with some designated-player quality signings.
"We still believe that there could be some significant news, probably one within a week and probably one within two weeks that I think will really change our team for several years to come," Payne said. "So there's still some exciting and happy news coming but it ended up not being based on the transfer window."
Payne has made proclamations before about potential signings but they have yet to pan out in his first year as team president. However, he seemed confident Friday that these signings will get done.
The team can still make additions to the squad provided they come through signing free agents.
"Both of the players I'm talking about that we're pursuing are big signings and will have a dramatic impact on our club for a long time to come," said Payne.
He added that the club will spend significant amounts of money on the new signings and that fans will be excited with the additions.
For months the team has been linked with Argentine forward Maximiliano Urruti, who has reportedly had issues with current club Newell's Old Boys. Payne would only say that the team was monitoring the situation.
While they failed to sign any big-name players before the transfer window closed, Toronto did sign Spanish midfielder Alvaro Rey and Swiss defender Jonas Elmer.
Head coach Ryan Nelsen skipped the team's 4-1 loss to AS Roma in a friendly on Wednesday so that he could meet with one prospective candidate. No details were given on the player but Nelsen admitted he could tell it wouldn't be a great fit.
"You have to get a feel for the type of character that you're bringing in and the fans are going to be watching," said Nelsen. "If everything's not aligned I won't make the decision."
Toronto (4-10-8) has improved its play of late and is riding a three-game unbeaten streak in MLS competition. Toronto is still mired in second-last place in the Eastern Conference, three points back of the Columbus Crew.
"We're on a great run," said TFC captain Steven Caldwell. "(It's) another tough game but most of them are. We have to be at our best and be sure we do the right things and impose ourselves on Seattle. They're a great side."
The 9-7-4 Sounders made a big move prior to the deadline by signing American international Clint Dempsey from English Premier League club Tottenham Hotspur.
If he debuts Saturday, Dempsey should help boost an underperforming Sounders team that features a potent attack with forwards Eddie Johnson and Nigerian Obafemi Martens.
"It's not only Clint Dempsey, I'm sure he wouldn't be the first to tell you guys that," warned Caldwell. "Clint will certainly be an improvement to the team but they have a lot of good players. I've just watched Seattle for the first time and I can see the quality that they have."
Toronto will be without forward Danny Koevermans who has a calf injury. Nelsen said the Dutch forward could be back in training as early as next week.
Rey was taken off after a hard tackle during Wednesday's game but he has been training with the side and should be ready to go against Seattle.