Ipswich cautious on buy-out talk

Ipswich are looking for investment

Ipswich are refusing to deny reports that the Championship club are set to hold talks with a mystery consortium about a possible buy-out.

BBC Radio Suffolk reports that such a plan would involve the transfer of more than £30m of debt from Town's books.

In a statement, Ipswich said: "We are in constant dialogue with our lenders.

"We have commented many times on record that we are continuing to explore possible solutions to the ongoing debt burden and this remains the case."