Town boss Mick McCarthy says the deal which saw left-back Tyrone Mings move to Bournemouth and Cherries pair Ryan Fraser and Brett Pitman join the Blues last week is good for all parties.
Mings, 22, moved for an initial fee of £8 million rising to £10 million after top-ups, while there is also a sell-on clause. Winger Fraser, 21, joined Town on a season-long loan, while the Blues signed Pitman, 27, on a free transfer.
"It’s a symbiotic deal, it’s mutually beneficial for all parties, I think,” McCarthy said. "We’ve done great out of it in terms of the money that will help us rebuild.
"We’ve taken two really good players, Brett Pitman and Ryan Fraser, that will make us a stronger squad.
"Yes, we’ve lost a really good left-back but we signed Jonny Parr for left-back last year and only the fact that Tyrone Mings ended up being the best left-back in the division, [to the extent that] he’s gone to Bournemouth in the Premier League, kept him out for most of the time.
"It’s brilliant, I think it’s great for him and having spent next to nothing on him and getting the money we did was a remarkable deal for a Championship left-back.
"And if he does as well as Cressy did - he won every player of the year award at West Ham - it’ll be great for him as well.
"And I think Bournemouth have got a good deal, they’ve got the most promising left-back around.”
McCarthy expects Mings to adjust to life in the Premier League quickly: "That won’t faze him at all.
"I think from minute one walking in here he was never fazed by that and that was coming from Chippenham, never having played at this level. I know he was at Southampton as a kid but he’d never played at Championship level.
"He took it in his stride, and it’s a big old stride, let me tell you. And I think he’ll do the same with the Premier League.”
He says the player and his father Adie, a former non-league player and manager, who now scouts for Chelsea, were both pleased with the deal: "I spoke to Tyrone and his dad separately and they’re both delighted with everything that’s gone on and thanked me and TC profusely for the help that we’ve given him. Likewise, it was a good deal for both of us because he’s been great.
"I’m delighted for him because he deserves to play in the Premier League. It would have been lovely if he was with us but of course, he’s not, so good luck to him.
"But we’ve got two players in as well and we’ll have a few quid that we might be able to spend elsewhere as well.”
McCarthy said that while the likes of Arsenal kept tabs on Mings throughout last season, none of the big clubs made an approach: "All the top clubs are watching all the teams when there’s a player, a good player at a club. They’ll all send their scouts to watch them.
"We had them here all last season. We didn’t get any direct interest in him from any of them, prior to this.
"I actually enquired about the lads at Bournemouth and I think that started the ball rolling really.
"They never thought that Tyrone would be for sale, and he wasn’t for sale. But then everybody’s got his price, especially when we can do other things with the money and get two players in, and that’s just what happened.”