Saints plot fresh bid for Butland
Southampton are thought to be keeping a close eye on Birmingham's financial problems as they consider a fresh move for Jack Butland.
The Saints tried without success in the summer to tempt the Blues to part with the young England goalkeeper, but the Championship side may struggle to hang onto him when the transfer window reopens in January.
Everton are also keen on the 19-year-old, who starred for Great Britain during the Olympics, and fee in the region of £8m may be enough to force City's hand without a takeover in the next couple of months.
The Blues have been in limbo since money laundering charges were brought against their president Carson Yeung last summer which saw his assets frozen.
Butland admits he is uncertain what the future holds for him and his club, although a lot will depend on the success of the consortiums bidding to buy them including one headed by former QPR chairman Gianni Paladini.
The Blues stopper said: "We can only control what we do on the pitch and what we do on the training ground.
"What happens with the board, with the owners and a possible takeover is meaningless until something actually does happen."