Birmingham may be forced to sell more stars in January as fears grow about their latest financial accounts reports the Daily Mirror.
Having already offloaded the majority of their Carling Cup winning side since dropping into the Npower Championship, the club now faces an uncertain future.
The Blues' last financial report had liabilities of £24.7million and "a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern".
The likes of Liam Ridgewell, Nikola Zigic and Jean Beausejour could be the next players in line for a St Andrews exit, as Birmingham boss Chris Hughton is tasked with further trimming the wage bill.
A sign of the club's financial plight was exemplified when the Blues recently ditched a deal to resign free agent Stuart Parnaby, pulling the plug on a modest contract offer despite agreeing terms.
And with the future of Birmingham owner and president Carson Yeung still facing charges for money-laundering in Hong Kong, the long-term future of the club has to remain the priority.