Ipswich Town are reportedly set to receive around £1.8 million from Bournemouth’s sale of defender Tyrone Mings to Aston Villa.
Villa are understood to be close to signing the 26-year-old, who made 18 appearances for the club after joining on loan in January.
According to Guardian journalist Stuart James, the signing is likely to be completed today, which will see Ipswich receive around £1.8 million as part of the sell-on agreement that was negotiated when they sold the centre-back to Bournemouth.
Dean Smith will be looking to strengthen his squad ahead of Villa’s return to the Premier League this season and the move for Mings makes sense given the important role he played in the Midlands side’s run in last season.
After arriving at Villa Park in January, the 26-year-old missed just two league games and started all three of the games on their play-off run.
The Premier League side are believed to still be keen on bringing in former Ipswich centre-back Adam Webster from Bristol City and the Tractor Boys would reportedly receive a fee for his sale due to another sell-on clause.
This should provide Ipswich with a useful financial boost as they prepare for life in League One.
The Tractor Boys were extremely disappointing last season, finishing rock bottom of the Championship, and Paul Lambert will surely be looking to improve his squad this summer.
Lambert has made just two signings in his first summer transfer window at Portman Road, both free transfers, despite seeing eight players depart.
The financial boost from the sale of Mings, and potentially Webster, could give the club some important additional funds to make improvements as they look to restrict their stay in League One to just a single season.