The 31-year-old Australian international winger's current deal at St Andrew's was due to expire next summer but he has verbally agreed to sign a new two year deal, with a further 12 months option on that, when the squad return from the pre-season tour of Germany. 
Lazaridis was seen by many Blues fans to be the clubs most improved player last season when, with a decent run in the side, he put in a number of eye catching performances.
His goal in the home game with Everton in February was voted as the Blues 'goal of the season' at the end of season awards.
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