However, Venables has since told Bruce he is interested in a deal involving only Lazaridis - who played under the Leeds boss during his time in charge of the Australian international squad.
Lazaridis could well see himself frozen-out of the first team picture at Blues with the arrival of left wing-back Jamie Clapham completing his move from Ipswich.
His contract at St. Andrew's runs out in the summer so Blues could be set to cash-in on a fee for his signature now.