diff --git a/polkadot/node/network/collator-protocol/src/validator_side/mod.rs b/polkadot/node/network/collator-protocol/src/validator_side/mod.rs
index e320b6a50aba2..a205998e7592a 100644
--- a/polkadot/node/network/collator-protocol/src/validator_side/mod.rs
+++ b/polkadot/node/network/collator-protocol/src/validator_side/mod.rs
@@ -386,6 +386,15 @@ impl PeerData {
 						return Err(InsertAdvertisementError::PeerLimitReached);
 					}
 
+					gum::debug!(
+						target: LOG_TARGET,
+						?on_scheduling_parent,
+						?candidate_hash,
+						current_ads = candidates.len(),
+						max_ads,
+						"Tracking new advertisement from peer",
+					);
+
 					candidates.insert(candidate_hash);
 				} else {
 					if self.version != CollationVersion::V1 {
@@ -1659,6 +1668,14 @@ where
 	if peer_data.version == CollationVersion::V1 &&
 		!state.leaf_claim_queues.contains_key(&scheduling_parent)
 	{
+		gum::debug!(
+			target: LOG_TARGET,
+			?peer_id,
+			?scheduling_parent,
+			?prospective_candidate,
+			"V1 advertisement must use an active leaf as relay parent",
+		);
+
 		return Err(AdvertisementError::ProtocolMisuse);
 	}
 
@@ -1680,7 +1697,18 @@ where
 			&per_scheduling_parent,
 			&state.leaf_claim_queues,
 		)
-		.map_err(AdvertisementError::Invalid)?;
+		.map_err(|error| {
+			gum::debug!(
+				target: LOG_TARGET,
+				?peer_id,
+				?scheduling_parent,
+				?prospective_candidate,
+				?error,
+				"Failed to insert advertisement",
+			);
+
+			AdvertisementError::Invalid(error)
+		})?;
 
 	if hold_off_asset_hub_collation_if_needed(
 		state,
@@ -1691,6 +1719,14 @@ where
 		scheduling_parent, // For V1/V2, the relay parent is the same as the scheduling parent
 		None,              // V1/V2 don't have advertised descriptor version
 	) {
+		gum::debug!(
+			target: LOG_TARGET,
+			?peer_id,
+			?scheduling_parent,
+			?prospective_candidate,
+			"Collation held off, not processing advertisement further for now",
+		);
+
 		return Ok(());
 	}
 
@@ -1802,7 +1838,16 @@ where
 	// Check if there's a free slot accounting for obsolete positions and capacity.
 	// This happens AFTER hold-off logic (for AssetHub) has run, so held-off advertisements
 	// can be queued even when capacity is temporarily full.
-	is_slot_available(&scheduling_parent, para_id, state)?;
+	is_slot_available(&scheduling_parent, para_id, state).inspect_err(|error| {
+		gum::debug!(
+			target: LOG_TARGET,
+			?peer_id,
+			?scheduling_parent,
+			?para_id,
+			?error,
+			"Slot is not available",
+		);
+	})?;
 
 	if let Some((candidate_hash, parent_head_data_hash)) = prospective_candidate {
 		// Check if backing subsystem allows to second this candidate.
@@ -1813,6 +1858,16 @@ where
 				.await;
 
 		if !can_second {
+			gum::debug!(
+				target: LOG_TARGET,
+				?peer_id,
+				?scheduling_parent,
+				?para_id,
+				?candidate_hash,
+				?parent_head_data_hash,
+				"Backing subsystem does not allow seconding this candidate",
+			);
+
 			return Err(AdvertisementError::BlockedByBacking);
 		}
 	}
diff --git a/prdoc/pr_11629.prdoc b/prdoc/pr_11629.prdoc
new file mode 100644
index 0000000000000..56a752b6c86b0
--- /dev/null
+++ b/prdoc/pr_11629.prdoc
@@ -0,0 +1,20 @@
+title: 'collator-protocol: Enhance visibility into failed to fetch collations'
+doc:
+- audience: Node Dev
+  description: |-
+    This PR enhances the observability of our logs when validators refuse to fetch advertised collations.
+
+    The validator keeps track of advertised collations from collators.
+    Then, the validator checks if it has sufficient slots (`is_slot_available`) and if the collation can be seconded (`can_second`).
+    If either of the mentioned functions fails, the validator silently ignores the collation.
+
+    This PR aims to surface this behavior and help investigate further issues.
+
+    This PR is already deployed on validators and has surfaced:
+    - https://github.com/paritytech/polkadot-sdk/issues/11625
+
+    Part of:
+    - https://github.com/paritytech/polkadot-sdk/issues/11377
+crates:
+- name: polkadot-collator-protocol
+  bump: patch