Businessman Michael Anderson will not now join the Ipswich Town board.On Wednesday the club said the Essex-based businessman would put invest a substantial amount of cash, believed to be around £1m.

Businessman Michael Anderson will not now join the Ipswich Town board.

On Wednesday the club said the Essex-based businessman would invest a substantial amount of cash, believed to be around £1m.

Full details have yet to emerge, but that has now been put in doubt.

Mr Anderson, 52, is group president of Fairford, a company which supplies pharmaceutical products to health organisations and institutions across the USA.

More soon.