While Chelsea's uneventful Janury transfer window left supporters bitterly disappointed, Bayern Munich fans hardly felt much better with only one new player coming in on loan.
Right back Alvaro Odriozola has joined from Real Madrid until the end of the season having made just four La Liga appearances at the Bernabeu.
The 24-year-old has been given the No2 shirt and was named in the Champions League squad published by Uefa yesterday.
Odriozola made his debut off the bench in the unconvincing 4-3 DFB Pokal win over Hoffenheim on Wednesday night, replacing Jerome Boateng for the final seven minutes of a game that Bayern had led 3-1 at the break.
Hans-Dieter Flick's team are currently top of the Bundesliga and have won eight games in a row in all competitions.
Robert Lewandowski has 22 league goals to his name already, leading Chelsea target Timo Werner in the golden boot race.
Frank Lampard's team host Bayern in the first leg of their round of 16 game on February 25 before the return in fixture at Alianz Arena on March 18.
Midfielder Javi Martinez and attacker Ivan Perisic are both doubts for the first leg due to injuries.
Much like Chelsea, Bayern expect to make significant investment in their squad in the summer on the back of a quiet January.
A host of their most experienced players - David Alaba, Thiago Alcantar, Boateng, Javi Martinez, Thomas Muller and Manuel Neuer - will be entering the final 12 months of their contracts and a move for Manchester City's Leroy Sane still seems likely.
