Speaking on the club's official website, Hodgson said, "There won't be many more signings but we haven't ruled out bringing in a couple more in key positions to help us out.
"We've done quite a few things already and I'm very pleased with what we've done.
"We're looking at another striker and flirting with the idea of a defensive midfield player."
Torino's chairman Urbano Cairo confirmed that Fulham have made an offer for Grella.