However, Shaw has refused to reveal the identify of the player as he is under contract at his present club.
"It has been well documented that we have been looking for somebody to play on the left ever since Eddie went to Elland Road," he told the clubs official website.
"We have been working hard all summer to fill that position and hopefully we are close to working something out.
"We are in discussions with another club with regards to one of their contracted players and fingers crossed we will come to an agreement and will be allowed to speak to the player."