THE cost of Ipswich Town's playing and coaching staff rocketed by more than �3 million last year, it has been revealed.
THE cost of Ipswich Town's playing and coaching staff rocketed by more than �3 million last year, it has been revealed.
Figures released to shareholders show that the cost of the football side of the club increased from �8.3 million to �11.9 million in the financial year ending in April.
During the year, Town brought in some high wage-earners, including Ivan Campo, Ben Thatcher, Richard Wright, Gareth McAuley and David Norris, which contributed to the rocketing wage bill.
Overall, the club lost more than �10 million in the year. Since then, a further �7.2 million has been spent on buying players, including Tamas Priskin, Lee Martin, Colin Healy, and Damien Delaney.
The finances reveal the extent to which multi-millionaire owner Marcus Evans is prepared to financially support the club in an effort to reach the Premier League. Ipswich Town are currently bottom of the Championship table.
- See tomorrow's paper for the full story.
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