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John Eustace is in line to become new Birmingham boss but the future ownership of the club is still yet to be finalised as rival groups bid for control.

Brum hope to make a quick decision with pre-season underway after axing Lee Bowyer on Saturday. Eustace, 42, is available after recently leaving QPR - where he was assistant manager - after Michael Beale was named Rangers' new head coach.

Eustace knows Troy Deeney well from their playing days at Watford and has the backing of Birmingham’s club captain. Brum’s senior players had concerns over going into the new season under Bowyer, who finished last term in 20th with just one win in 10 games, including a 6-1 drubbing at Blackpool.

But the decision over Bowyer’s future was delayed amid protracted takeover negotiations behind the scenes over the future of the club. Controversial ex-Watford chairman Laurence Bassini revealed last month he had an agreement to buy out Blues’ largest individual shareholder Vong Pech, who has a 21.64% stake.

His deadline has since expired but Bassini still remains keen to still get control at St Andrews in a two-stage takeover totalling £36.6million from Far East owned Birmingham Sports Holdings Limited.

Bassini has not yet got FA and EFL approval for his plans which concerned investors