The goalkeeper was surprisingly called up to England's Euro 2012 squad before being Team GB's first choice during the Olympic Games and cemented a superb summer by making his Three Lions debut against Italy on Wednesday, becoming the youngest goalkeeper to have featured for the national side, before finally making his Blues debut on Saturday against Charlton.
The 19-year-old has been linked to the Reds as a long-term replacement for Pepe Reina but the former Huddersfield boss is looking to keep hold of his new No.1 as well as highly rated winger Nathan Redmond, who broke into the Birmingham first team last season.
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"If we were to cash in on them now, we'd be doing ourselves a disservice. Once they've got another year or two of experience, they'll be worth huge amounts of money."