The 29-year-old Uruguyuan striker, who spent the final four months of last season on loan at St Andrew's, has repeatedly expressed his desire for a move to Blues but his Spanish side Deportivo La Coruna are holding out for a fee that Blues are just not prepared to meet.
Now, with new Deportivo manager Joaquin Caparros insisting that Pandiani has no future at the club, both Zaragoza and Mallorca have entered the race for the strikers signature according to his agent.