Steve Bruce has hinted Jason Euell would be used in an attacking-midfield role if the Birmingham manager completes the signing of the Charlton player.
Blues have agreed a fee - believed to be £1.5million - for Euell, who was initially monitored by Bruce last summer before suffering a shoulder problem.
Injuries to the likes of David Dunn and Muzzy Izzet mean City have been short of firepower not only upfront but also in the centre of the park and Euell could ease that problem if he agrees personal terms.
Euell, 28, was the Addicks' top scorer three seasons running until 2003-04 and Bruce knows curing his side's 'Achilles heel' - just 15 Premiership goals this season - is crucial to their chances of staying in the top flight.
Euell made his name as a striker but Bruce said: 'Jason Euell is someone who has been an interest to us because of the goals he has scored from the midfield area of the team.
'He has got a good scoring record and the beauty about him is his versatility. He is someone we like as a footballer and we were interested in him last summer until he hurt his shoulder.'
With Euell able to play up front and in midfield, and the other newcomer Chris Sutton capable of operating in attack or at the back, Bruce has again bought shrewdly with the limited funds at his disposal in January.
He said: 'There is not a lot of money. We've got a bit now because we sold Walter Pandiani but there are not millions and millions to throw around.
'There has been a cash injection at Portsmouth where they've bought five players for nearly £12million. I can't see us being in that bracket.
'We would like a Russian to come in and throw his cash at things! We have always been prudent and sensible, we've never really outspent our budget, and I can understand that.
'The club is never going to be in a situation where it is going to find itself in financial difficulties and we have to respect that. That's the way the owners want to run the club and we get on with it.'