Chairman David Sheepshanks says that striker Billy Clarke is not for sale and neither are any of Town's other promising youngsters. Reports over the weekend claimed Everton interest in the 18-year-old Irishman.
Sheepshanks told the club site: "The young players here, like Billy, Owen, Shane, Danny Haynes and more besides, are the future of our club - and the present - and they are not for sale.
"We are very proud of the progress they have made at Ipswich Town and long may it continue."