Leeds United promotion rivals Ipswich Town have announced a "significant investment" of up to £105million from US-based private equity firm Bright Path Sports Partners. This deal means that BPSP will own a 40 per cent stake in Ipswich, who are currently third in the table and just one point behind leaders Leeds.
ORG co-founder and principal Ed Schwartz said on the club's website: "When we purchased Ipswich Town in 2021, we did so with the initial aim of restoring the club to the Championship and becoming competitive at this level, with the plan always including bringing a partner on board when the time was right."The club's progress means we feel that time is now and we are excited to welcome Bright Path Sports.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: