Town boss Mick McCarthy says he’s talked to Blues owner Marcus Evans and they know the areas of the squad they will be looking to strengthen and have identified targets they want to recruit during the summer.
McCarthy has previously stated that wide players will again be high on his list, while Evans has said he will be willing to pay fees if required.
"I have spoken to Marcus. We have sat down and had a conversation,” McCarthy told the club site.
"We know the areas that we need to strengthen. It just depends on whether we can get the players we want into the club.”
The Town boss says he'd like his team to play more attractive football but says results are more important than style: "We’d all like to play better, free-flowing football.
"We did try and be more considered with the ball but there were times last season when we made 400 passes and lost and times when we made 180 and won.
"Leicester had fewer passes, less possession, made more tackles and had the best defenders and they are champions of England. No one is moaning there.
"It’s about what you do with the ball that counts. What we did with it last year was stick it in the net with a 27-goal striker [Daryl Murphy]. This year we didn’t do that.
"There was a lot of talk about style of football and changing it but no one said that last year when he reached the play-offs and were successful.
"Yes, we could have done better this season and there is no doubt that we missed our more creative players.
"That definitely had an impact but Marcus said to me the other day, don’t change what you are doing because it’s got us competing at the right end of the table for the last two or three years.”