Town are set to outline their funding plans for the academy when it steps up to Category One status at a press briefing this lunchtime. The club made an application to move to Category One from Category Two back in April.
Category One clubs must spend at least £1.5 million on their academies to gain a Premier League grant of £775,000, while the Blues will also require additional full-time staff. Category Two clubs are required to invest £480,000 to get a Premier League grant of the same figure.
An audit process is expected to be carried out during the season ahead with the Blues taking on their new status in 2014/15.
Speaking April, academy director Bryan Klug announced that the Blues will be aiming to have up to 50 per cent of the first team made up of homegrown players by 2017/18.