Birmingham boss Gary Rowett says he is enthused by the club’s impending takeover, but has warned against getting too carried away.
The club is set to be taken over on Monday when Birmingham International Holdings Limited (BIHL) resumes trading on the Hong Kong Stock Exchange.
Rowett told the club website: “We’ve seen too many owners go into clubs, blow a fortune and then three years later be in a completely different position.
“I know there’s an excitement at your owners doing that, but I also think there’s an excitement about hoping you can keep improving because if you’re sat sixth in the Championship and you keep improving then at some point you’re going to have a very good chance of getting into the Premier League.
“I hope there’s a really positive impact in terms of them coming in, but I don’t think I’m suddenly going to be sat here with a £10m training base in a year’s time and £10m to spend on one player and vast amounts on wages.”