Alex McLeish has had no contact with prospective new Birmingham owner Carson Yeung about his future plans.
But the Blues boss is hoping the current board will allow him to complete one final deal for Sporting Gijon midfielder Michel even though he concedes he has exceeded his transfer budget.
Yeung is expected to take full control at St Andrews within the next few weeks and bring an end to the David Sullivan-David Gold era after 16 years at the helm.
McLeish has still to hold talks with Yeung over what his visions are for the midlands club, although he insists the takeover is not causing uncertainty amongst his players.
He said: "Have the prospective new owners had any contact about their plans? No. Is the takeover affecting the players? I don't think so. We've got a spirit in the dressing room we've cultivated and harnessed over the last season and a half.
"Other people have talked about it but, regardless of what happens at the club, outside influences we can't control. The players have a lot of belief in themselves and I am pleased with their start to the season.''
As regards signing Michel, McLeish said: "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.
"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.''
Michel would provide an extra creative spark in addition to Barry Ferguson who was the one midfield player able to pick out a quality pass during Saturday's goalless home draw with Stoke.
McLeish said: "We started to pass the ball around well in the second half through Barry Ferguson getting on it and keeping us in possession. We probed away.
"We are still a work in progress. We are trying to get these passing movements going.
"But one thing is for sure, it is night and day in terms of the passing ability of the team this year and the team that was in the Championship during the first few games.''