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Town Set for Mings Windfall - Ipswich Town News

Town look set to receive their second sell-on windfall of the summer with Aston Villa reported to have agreed a fee of £20 million - or perhaps even more - with AFC Bournemouth for one-time Blues defender Tyrone Mings.

Town, who made almost £800,000 from Matt Clarke’s move from Portsmouth to Brighton earlier this summer, are understood to have included a 10-per-cent-of-profit sell-on clause in the deal which saw Mings join the Cherries for £8 million in the summer of 2015.

According to some reports Villa have agreed to pay Bournemouth £20 million while other sources claim the fee to be as much as £26.5 million. Mings spent a successful spell on loan at Villa Park towards the end of last season.

If the figure is at the lower level - and no top-ups have been received in addition to the initial £8 million - Town would receive £1.2 million, while £1.85 million would be due if the fee is the higher sum.

The additional cash for Mings will almost certainly make him Town's record sale eclipsing the £8.1 million - probably plus a few hundred thousand more in top-ups - Sunderland paid for Connor Wickham in 2011.

Town could also receive further financial boosts via sell-ons this summer with Adam Webster, currently with Bristol City, understood to be interesting Aston Villa, Leicester, Southampton and a number of others.

The Robins are reported to have set his value at £30 million, however, it seems likely they would have to settle for a fee somewhat lower than that with it having been reported that Villa had a bid of £12 million rebuffed.

Webster, 24, joined the Robins from Town for an initial £3.5 million last summer with the fee potentially rising to £8 million.

The Blues are likely to have a sell-on of 10 per cent included in that deal which, depending on how many top-ups have been paid already, could bring in up to £850,000, although Portsmouth would be due 20 per cent of anything the Blues receive as a result of their sell-on from Webster's 2016 move from Pompey to Town.

Ex-striker Kieffer Moore, now with Barnsley, is also believed to be interesting Bristol City with a 10-per-cent-of-profit sell-on also understood to have been part of the deal which saw the 26-year-old move to Oakwell for £750,000 in January 2018.

However, with the club, which already made significant annual losses in the Championship, facing a £9 million loss of revenue due to relegation to League One, the additional income from the sell-ons is unlikely to give manager Paul Lambert a transfer kitty to work with this summer.

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