West Ham goalkeeper Richard Wright has passed an Ipswich medical.
"We are very, very close," Magilton told the East Anglian Daily Times. "Everything is done and dusted as far as we are concerned. We are waiting on the West Ham end now.
"Richard has passed a medical so everything is at the late stages."
Wright made 240 appearances for Ipswich between 1994 and 2001 and helped the club qualify for the Uefa Cup in his final season.