Town step up search for new owners
THE search for new owners at Ipswich Town has been stepped up after a hoped-for takeover fell through.Blues chairman David Sheepshanks last night admitted the club could eventually fall into foreign ownership - but only if the new people met a very strict criteria.
By Derek Davis
THE search for new owners at Ipswich Town has been stepped up after a hoped-for takeover fell through.
Blues chairman David Sheepshanks last night admitted the club could eventually fall into foreign ownership - but only if the new people met a very strict criteria.
Sheepshanks revealed that there would now be no new cash investment this summer but the club was determined to carry on hunting for a substantial investment that would lead to a takeover.
You may also want to watch:
It was revealed in April that the club was in takeover talks and hoped to complete a deal by the end of June.
But the potential new owners failed to formalise a bid forcing Ipswich to look elsewhere.
Most Read
- 1 Photos of suspected stolen dogs released in bid to find owners
- 2 Theft of historic Royal Mail post boxes 'a worrying trend'
- 3 'We can look forward to the transfer window' - Cook on summer plans
- 4 Driver arrested after 12-year-old boy 'seriously injured' in crash
- 5 Retailer to pay £60K after multiple food hygiene breaches in Sudbury store
- 6 Dog walker in his 60s assaulted at Stour Valley beauty spot
- 7 Isaacs call police after quayside drinkers cause chaos outside bar
- 8 Stephen Ward on play-offs belief, Cook's criticism and his future
- 9 Man in hospital with head injury after late night assault
- 10 Large scratches left on cars all parked on same road overnight
Sheepshanks said: “It was not down to us but the other party's financial situation. They got close but could not crystalise it.”
