CHESTER City could soon pocket a stunning £400,000 windfall – but manager Simon Davies would be in no hurry to splash the cash on new players.

The Blues will receive a major financial shot in the arm if, as expected, Ipswich Town forward Jon Walters leaves Portman Road and signs for any one of the three clubs currently chasing his signature.

The 24-year-old was sold by Chester to Ipswich in January last year – and a sell-on clause was written into his contract entitling City to 20% of any transfer fee should he ever move on.

Walters is rated in the £1.5m-£2m bracket and is being tracked by Premiership trio Stoke City, Wigan Athletic and West Brom.

Not surprisingly, Blues boss Davies is keeping a close eye on developments – although he is in no rush to use any transfer funds that may come his way.

Davies said: “The money would give us an option do to something maybe later in the season.

“Right now, if you look how well we started last year and how well we did for the first few months, we’ve got the same squad as that, plus a few extras.

“I’m quite happy going with what we’ve got. In terms of when the window opens in January, we may need to freshen up then and that gives us that option.”

Ipswich aren’t thought to have received a formal bid for Walters, although he has been attracting interest from Premiership clubs for some time.

Blues officials will no doubt be delighted they insisted on writing a sell-on clause into the contract of a player they picked up for free from Wrexham two years ago.

Davies is satisfied with the five players he has brought in over the summer and all he needs now is a back-up keeper for number one John Danby.

He is also prepared to let striker Chris Holroyd and midfielder Mark Hughes leave, with the duo attracting interest from Cambridge United and Barnet respectively.

Tickets for Chester’s Carling Cup first round tie against Leeds United go on sale to season ticket holders at the Deva Stadium today (from 10am-7pm).

Season ticket holders have not received their booklets yet so must take along either their receipt or proof of ID.

Tickets for the televised Deva showdown on Tuesday, August 12 (7.45pm kick-off) go on general sale tomorrow (10am-noon) and will also be on sale through the week (10am-4pm).

Tickets cost £15 for adults and £10 for concessions and under 16s.

The Blues travel to Southport on Tuesday (7.45pm kick-off) for their first proper pre-season fixture of the summer.

New signing Anthony Barry (hamstring), skipper Paul Linwood (ankle) and defender Shaun Kelly (hamstring) are nursing minor strains.

A Chester side featuring a mixture of youth players and trialists lost 3-1 at TNS in a behind-closed-doors friendly on Tuesday.