£44m takeover of Ipswich Town

Sport

£44m takeover of Ipswich Town

James Goffin 31/10/2007, 10:48 AM

A MULTI-MILLION pound takeover of Ipswich Town was announced today. The club announced that it has been successful in attracting a significant investor whose investment will secure the financial future of the Club.

Full story: http://www.eadt.co.uk/content/eadt/sport/story.aspx?brand=EADOnline&category=IpswichTownFC&tBrand=EADOnline&tCategory=zSport&itemid=IPED31%20Oct%202007%2009%3A56%3A14%3A080

What do you think of the deal?

Re: £44m takeover of Ipswich Town

johnB 02/11/2007, 11:23 AM
Who knows? Time will tell. One thing bothers me. This investment has come at a time when the team is beginning to show their quality and character, and I hope money doesn't disrupt this. I don't think we are short on the pitch anywhere except perhaps for an outstanding centre back. If the deal as reported only (only,listen to me!) involves paying £6 million to wipe out a £32 million debt, why did some of our wealthier supporters or board members not club together and step forward?