Jim hopes to strengthen playing budget

BLUES boss Jim Magilton has spoken about how fresh investment from any possible takeover would strengthen his playing budget. The EADT revealed earlier this week that Ipswich Town are in talks with new investors, and although no major moves would happen until after the majority of shareholders had approved any deal, extra cash could be made available to Magilton before over the summer.

By Derek Davis

BLUES boss Jim Magilton has spoken about how fresh investment from any possible takeover would strengthen his playing budget.

The EADT revealed earlier this week that Ipswich Town are in talks with new investors, and although no major moves would happen until after the majority of shareholders had approved any deal, extra cash could be made available to Magilton before over the summer.

Magilton said: “It would mean being able to bring quality into the building. I would be able to give a list to the chairman and say 'go and get them.'


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“We need three or four new players, that would be ideal. In an ideal world we would be able to bring them in and get them working with us in pre-season.”

Magilton admitted a lack of fresh investment would hamper his plans to bring in at least three proven players.

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He said: “We would not be able to bring those players in at the moment with the budget we have at the moment.

“We are looking at the top end of players. We have identified our targets and we are now looking to back favourites.”

Town are hoping to secure Francis Jeffers from Blackburn and Richard Wright as a free agent, along with a couple more experienced players.

Fabian Wilnis is set to sign a new one-year contract, while Jaime Peters, who is 20 tomorrow, has agreed a three-year contract, and that will help Town's case when they apply for a new work permit for the Canadian this month.

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