United were well down the pecking order with the two bids, with Southend and Preston already clear favourites before Laws made his interest known, but the club are keeping their cards close to their chests.
Laws is in talks with an unamed club about bringing another young striker to the club, who would be the sixth forward - after Tom Brighton, Andy Keogh, Mat Bailey, Michael Rankine and Neil Teggart - to come to the club this season.
He told the Scunthorpe Telegraph: "I am talking to a club about a certain player at the moment, hopefully something will develop next week.
"For the first time for a long time, I have some money to spend. But it is not a lot and I have to make sure it is spent wisely for the long-term benefit of the club."
On-loan striker Teggart is expected to return to Sunderland when his deal expires at the end of the month, his only appearance so far was in the loss to Darlington on New Year's Day.