Ipswich Town are closing in on the permanent signing of Julio Enciso, with fresh reports revealing the financial details of the agreement with RC Strasbourg.
The Paraguay international is expected to return to Portman Road after Ipswich reached an agreement in principle with the Ligue 1 club, with only the medical and final paperwork now standing in the way.
Ipswich agree deal worth up to €30m
According to reports from Paraguay, Ipswich will pay between €27 million and €30 million to bring Enciso back to Suffolk.
The 22-year-old is also set to sign a contract until June 2031, underlining Ipswich's long-term commitment to the attacking midfielder.
Enciso is expected to travel to England in the coming hours before completing his medical and finalising the transfer.
Gary O'Neil reunion key to transfer
Ipswich manager Gary O'Neil is reported to have played a decisive role in convincing Enciso to return.
The pair worked together at Strasbourg last season, where the Paraguay international enjoyed an impressive campaign after leaving Brighton.
Their existing relationship, combined with Enciso's successful loan spell at Portman Road during the 2024/25 season, helped Ipswich gain an advantage during negotiations.
Reports describe O'Neil as a key figure in completing the transfer.
BlueCo set to make profit
The transfer also represents a profitable piece of business for BlueCo, who own both Chelsea and Strasbourg.
BlueCo signed Enciso from Brighton & Hove Albion for around €20m, before the midfielder impressed in France.
Should Ipswich complete the deal for the reported fee, Strasbourg's owners will bank a profit of up to €10m on the player.
While some reports describe the agreement as being in principle and others say the deal is already completed, all indicate that only administrative formalities remain.
Key Points
- Ipswich Town have agreed a deal in principle for Julio Enciso.
- The transfer is worth between €27m and €30m.
- Enciso will sign a contract until June 2031.
- Gary O'Neil played a key role in convincing the midfielder to return.
- BlueCo are set to make a profit after buying Enciso for €20m.
What Happens Next
Enciso is expected to travel to England shortly to undergo his medical before signing his long-term contract. Once the remaining paperwork is completed, Ipswich are expected to officially announce the Paraguay international's return to Portman Road.
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