Ferguson is after signing a quick forward and his interest in taking Danny Wellbeck on a season long loan has been well documented but nothing further has been done. Campbell was loaned out to Blackpool last season and scored a hatful of goals in a spell which saw the Seasiders win the play off final.
Campbell has one year remaining on his contract at Leicester but with a new manager to be appointed it is unclear on whether Campbell will stay although Ipswich look likely favourites to sign the forward.