Prospective new owner Carson Yeung insisted he had offered his full backing to Steve Bruce after meeting with the Birmingham manager.
Yeung watched Birmingham beat Wigan 3-2 on Saturday
Bruce has been frustrated that his new contract was put on hold due to Yeung's protracted takeover of the club.
But Yeung told the Daily Mirror: "I have a lot of faith in Steve and I will give him my full support.
"He knows it is not our fault about his contract and we will talk about new terms when we take over."
Yeung remains confident a full buy-out of Birmingham will be completed in accordance with current co-owner David Sullivan's deadline of the end of the year.
And the Hong Kong-based billionaire has also told Bruce he will provide financial backing to boost his current playing squad.
"He recommended some players for us and I told him I can do it for him," Yeung said.
"When I complete the general offer for the rest of the shares I will help him financially.
"After the general offer for the remaining shares he will stay on as manager and I am delighted with our meeting."
Yeung added: "There was a misunderstanding about his contract but we have discussed it face-to-face and he understands we didn't stop anything.
"We want the club steady, with Steve and managing director Karren Brady in charge."