The 22-year-old striker, who joined the U's on a permanent deal last year after a successful loan spell at Layer Road, is out of contract at the end of this season and League One promotion hopefuls Hull City are very keen to sign him.
Should Fagan, who bagged 10 goals during his first season at Layer Road and is currently the U's leading scorer this season with 14 goals, move to Hull City then Blues will gain financially.
Part of the free-transfer deal that took Fagan to Colchester was that Blues receive 30% of any fee that the U's sell him for.
A fee of around £150,000 is being mentioned for the sale of Fagan should he complete a move to Humberside.Craig Fagan Date of birth 11 December 1982 Height 5.11 Place of birth Birmingham Weight 11.11 Nationality Position Forward Comments Squad No. 9 Recent Career History By Club (1999 onwards) Team Debut Apps (+ sub) Goals Yellows Reds Colchester 09/08/2003 72 (8) 24 24 3 Bristol City 18/01/2003 6 (1) 1 2 0 Birmingham 02/10/2002 0 (4) 0 0 0 Recent Career History By Season (1999 onwards) Season First App. Apps (+ sub) Goals Yellows Reds 2004/2005 07/08/2004 31 (1) 14 11 1 2003/2004 09/08/2003 41 (7) 10 13 2 2002/2003 02/10/2002 6 (5) 1 2 0 Appearances 78 (+ 13 as sub); Goals 25; Yellow cards 26; Red cards 3