Premier League newcomers Bournemouth has completed the signing of defender Tyrone Mings from Ipawitch town for an undisclosed fee.
The English left-back has signed a four-year contract with the Cherries in a deal which saw Scotland’s Under-21 winger Ryan Fraser move in the opposite direction on a season-long loan.
“I’m looking forward to learning from the manager’s ideas,” he told the club’s official website.
“They will be different to what I’m used to but that can only be a good thing.
“I’m here to develop and learn as much as possible.”
The 22-year-old cost Ipswich £10,000 from non-league Chippenham Town in 2012 and made a total of 51 league appearances in two seasons at Portman Road.
Mings signing reportedly cost Bournemouth a club record £8m; more that the £3m the club paid to sign striker Callum Wilson from Coventry City about a year ago.
He was released by Southampton as a 16-year-old and almost quit football six months before his Ipswich move to concentrate on his career as a mortgage advisor.
Arsenal and Chelsea inquired about Mings last season and Ipswitch also turned down a bid from Crystal Palace for the defender last summer.
Meanwhile, Brett Pitman also completes a permanent move to Ipswitch.