The report claims that McCarthy has been heavily linked with the vacant Aston Villa job, and there is a temptation to move to Villa Park with few signs of major investment ahead at Portman Road.
His work has seemingly not gone unnoticed and speculation of a switch to Villa has been gaining momentum.
Should he leave, the Sun claim that former Brighton & Hove Albion boss Gus Poyet is being lined up to take over as the Uruguayan’s stint at AEK Athens seems to be drawing to a close.
Poyet has also been linked with Villa and Nottingham Forest, as mentioned in the report, but Ipswich feel they have the edge as they remain close with his trusted assistant Mauricio Tarrico.
Tarrico, a Town icon, made more than 200 appearances for the East Anglia club and since calling it a day he has been Poyet’s right-hand man at Brighton, Sunderland and now in Greece.
Poyet has Championship experience after previously guiding the Seagulls to the playoffs, but the biggest attraction is preference for a possession-based style which is easy on the eye.
Despite the good work McCarthy has done at Ipswich, his style of play has its critics and a section of the club’s supporters have made no secret of their desire to return to entertaining football.