Jewell to hit January sales

Ipswich chief executive Simon Clegg has assured Paul Jewell he will have funds available in January if he decides to bring in new players.

Town boss will have money to spend in the New Year

Ipswich chief executive Simon Clegg has assured manager Paul Jewell he will have funds available in January if he decides to bring in new players. Ipswich announced pre-tax profits of £136,000 for the 12 months up to June after recording loses of £14million and £10million in the previous two years. They are now in a position to pump more money into the playing squad, with the team in need of an injection of fresh blood after making an inconsistent start to the season 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." Clegg also admitted that a large amount of their profit this year has been from the sale of strikers Connor Wickham and Jon Walters - with sales having become even more important as attendances have remained disappointing. He added: "It needs to be caveated with the sale of Jon Walters to Stoke and Connor Wickham to Sunderland. That generated a significant amount of income. "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."