Liam Delap’s release clause will fall as low as £30million if Ipswich are relegated from the Premier League, Mail Sport has been told.
Chelsea and Manchester United are two of the clubs in the chase for the 22-year-old striker who has 12 goals in the Premier League season.
England Under-21 international Delap joined Ipswich from Manchester City last summer in a deal worth up to £20m.
Kieran McKenna’s side are 12 points off Wolves, who are currently sitting in the last-remaining safe position in the Premier League.
City are understood to have a 20 per cent sell-on clause in Delap’s next transfer.
The attractive fee is seen as very favourable to Chelsea and United.

Liam Delap’s release clause will fall as low as £30million if Ipswich Town are relegated


Both Chelsea and Manchester United are interested in the England Under-21 international
Chelsea in particular have a policy of signing youngsters on long contracts involving base salaries but with lucrative built-in incentives.
They will get to see Delap in person this Sunday when Ipswich visit Stamford Bridge in the Premier League.