Ipswich are reportedly planning to make a bid for Sunderland’s Jack Clarke.
The 23-year-old joined the Black Cats from Tottenham for an undisclosed fee in 2022 and Spurs will receive a sell-on fee if he signs for Ipswich.
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If the Premier League newcomers bring him to Portman Road, Spurs will pay 25 percent of the transfer fee, according to James Copley of the Sunderland Echo.
The report also states that Sunderland want at least £25 million for him.
Southampton is also interested in the former Leeds starlet.
If Ipswich sign Clarke, their spending in the summer transfer window will be a whopping £70 million.
Kieran McKenna’s side, who have achieved two consecutive promotions from League One to the Premier League, have already spent a record transfer fee on Chelsea’s Omari Hutchinson, who was on loan at the Suffolk team last season.
The Tractor Boys have also snapped up Hull centre-back Jason Greaves and Manchester City striker Liam Delap.
Goalkeeper Arijanet Muric also came from Burnley for £8 million.
Clarke has been a key player for Sunderland since joining on loan from Spurs in January 2022.
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Sunderland managed to regain promotion to the Championship in the play-offs and later secured a permanent four-year contract with Clarke.
He played four games for Spurs, but has now made 112 appearances for former Premier League club Sunderland.
The Leeds Academy product has scored 27 goals and provided 22 assists during his time at the Stadium of Light.
Last season, he surpassed Jobe Bellingham’s scoring rate, becoming the club’s top scorer with 15 goals, while his teammate only scored seven.
In March, American private equity firm Bright Path Sports Partners invested £105 million in Ipswich.
This will be their first season back in the Premier League since 2002.