Ipswich Town are set to receive a financial windfall as a result of Tyrone Mings’ move from Bournemouth to Aston Villa as reported by Sky Sports News.
The report claims Sky has learnt that a sell-on clause, inserted when the defender left Portman Road in 2015, means Ipswich are entitled to a bonus of £1.5 million and takes the fee Villa must pay Bournemouth for Mings to £21.5 Million.
The twenty-six-year-old joined Ipswich in 2012 and made sixty-three appearances for the Tractor Boys before sealing an £8 million move to the Cherries in 2015.
Injuries hampered his spell on the South Coast, and he made only twenty-three outings for Eddie Howe’s side before an impressive loan spell at Villa last season persuaded Dean Smith to make a decisive move to take the central defender to Villa Park on a permanent basis this summer.
This news will be welcomed by Ipswich fans after manager Paul Lambert recently stated that the club would have a limited budget to operate with following last seasons relegation to League One.
Another example of the importance of sell-on clauses for clubs selling young talent.
If Sky are correct and Lambert is allowed to invest the money in his squad, £1.5 million buys a lot of League One talent, and the money could be the difference between the playoffs and automatic promotion for the Tractor Boys.