Hong Kong billionaire Carson Yeung has pledged to spend up to £5m of his own money on new players once his company takes over Birmingham City.
Yeung's company, Grandtop International Holdings, bid £57m for Birmingham last week but has yet to take full control.
"I have already contacted some players. I personally will invest £4m to £5m pounds," said Yeung.
Meanwhile, Grandtop's chief operations officer Sammy Yu confirmed Birmingham manager Alex McLeish will be kept on.
Yu also confirmed managing director Karren Brady will stay at St Andrew's once the takeover is complete.
Despite spending £20m on new players since winning promotion last season, McLeish claimed at the start of this campaign that his side were still not strong enough to survive in the Premier League unless more money was made available for new signings.
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