Ipswich Town owner Marcus Evans is worth �625m, according to the Sunday Times Rich List.

Ipswich Town owner Marcus Evans is worth �625m, according to the Sunday Times Rich List.

The reclusive businessman’s fortune has increased by �115m in the last year, and he is now the 124th wealthiest person in Britain, says the newspaper.

Evans, 47, bought Ipswich Town in late 2007, with the intention of getting the club back into the Premier League. Despite former managers Jim Magilton and Roy Keane spending millions on transfer fees and player wages, Ipswich have languished as a mid-table Championship team. In the season which finished yesterday, Town finished 13th.

The news that his wealth has climbed significantly comes at a time when Evans and current Ipswich manager Paul Jewell are discussing plans to strengthen the team for a promotion bid next season.

There will certainly be pressure on Evans from fans to spend some of his fortune on players.

According to the Sunday Times Rich List, the Marcus Evans Group made a profit of �35m in 2010, and is worth �400m. It is a conference, events, sports hospitality and online information business.

The Sunday Times says that Evans also has property and other interests worth �225m.