Birmingham City boss Alex McLeish has welcomed the collapse of Carson Yeung's takeover bid.
He said: "At last (the failed takeover bid) is in public. It is good news now that everybody knows. The clarity is there for fans and we can move forward.
"When I had the meeting with them when I came to Birmingham, there were things they told me that I could not reveal publicly. Those talks were part of the reason for me coming here.
"Those talks were important. I was given the impression at that time the takeover wouldn't be going through and I based my acceptance of the job on that."
McLeish added: "I can now get on and try and finalise plans for January. There are a lot of names being mentioned. We are trying to get players in that we really know and have done a fair bit of research on.
"If we can add three or four players it should make us stronger.
"How much money have I got to spend? I don't think there's any hard and fast numbers. It's a case of me saying to David Sullivan, Karren or the chairman 'I would like to get that player, he will make us better'.
"If we can guarantee that, then I am sure we will get the backing within reason."