Town boss Mick McCarthy says he’s not in any rush to spend the £8 million fee AFC Bournemouth paid for left-back Tyrone Mings last month.
McCarthy says owner Marcus Evans will back him in the transfer market but stresses that there’ll be no devil-may-care spending spree.
"If I’ve got the right players that we need [identified] and I can get them, then yes, [Marcus will give me a few quid to spend],” he said. "But he’s not just going to say ‘Here’s eight million quid, let’s go and spend it’.
"Let me tell you, strangely enough, as soon as you do sell somebody for £8 million everybody thinks you’ve got a few quid and every player’s value doubles. We’re not going to be doing that.”
But, having been largely limited to Bosman free transfers and loans since he came to the club as the Blues have sought to comply with the Championship’s Financial Fair Play rules, McCarthy admits it’s nice to have greater latitude as he goes about adding to his squad this summer.
"Yes [it is], but only for the right ones because you can go out and spend a few quid and end up not getting anyone better than you’ve already got that you got for nothing. So we’ll not be rushing out to do it, that’s for sure.”
The Blues boss was at last Tuesday’s Europa League second qualifying round tie between Shamrock Rovers and Progrès Niederkorn from Luxembourg, which the Irish side won 3-0, but says he was there just to watch the game rather than to look at a specific player.
Meanwhile, strikers Daryl Murphy and David McGoldrick and centre-half Christophe Berra were back at Playford Road yesterday having been given an additional two weeks off following their international involvement with the Republic of Ireland and Scotland respectively last month.
Town's U18s are in action against Arsenal in a behind-closed-doors friendly this afternoon.
Elsewhere, former midfielder Andy Drury, 31, has joined Vanarama National League Eastleigh having left Luton Town by mutual consent.
Another ex-Blues midfielder, Owen Garvan, 27, is on trial with Championship new boys the MK Dons having been released Crystal Palace at the end of last season.