Thank you Andre. We already have 7.11 environment in place.
7.1 is actually planned for decommission. Only reason we are upgrading this is to able to migrate to our new environment. Of course, in this case we will miss security servers. But at least we can manage the provisioning of desktops till we migrate.
We are moving UAG with 7.11 and hence was my other question - https://communities.vmware.com/t5/Horizon-Desktops-and-Apps/UAG-Supported-Scenario/m-p/2814912#M9248...
After we declared our new environment to be production, VMware declared that you can have linked clone in standard license. So in short, we have standard license.