Ipswich chief executive Simon Clegg has assured boss Paul Jewell he will have funds available to him in January for squad strengthening. The Tractor Boys have announced pre-tax profits of £136,000 for the 12 months up to June after recording loses of £14 million and £10 million in the previous two years.
Speaking to BBC Radio Suffolk, Clegg said: "If Paul needs to bring in additional players and can convince the owner he has identified the players at the right price, then support will be there."
"This is a bit of an extraordinary year. But any club in the current climate, with the current state of football finances, would be delighted to be showing a pre-tax and pre-interest profit."