Birmingham boss Alex McLeish is hopeful of signing Sporting Gijon midfielder Michel.
Despite the Blues exceeding their transfer budget, McLeish is keen to add the 23-year old Spaniard to his playing list.
"We are still working on it. I would like to think if that is the current board's last deal, it will be a great deal that they have done," he said.
"We are over budget. I know that they have pushed the boat out, so I thank them for that, and if we could just do this one more deal, then great. I really believe we need it."