A US-based firm have acquired a 40 per cent stake in Ipswich Town in a huge financial boost to the club.
Despite the investment, current CEO Mark Ashton will continue to manage the club day-to-day as Ipswich look to secure promotion to the Premier League.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 CEO, Mark Ashton, added: “We are excited to welcome Bright Path Sports on what is another landmark day in the Club’s history. “The investment will continue to support the Club in both the medium and long term, with the biggest immediate use being to support a number of key infrastructure projects, including the significant redevelopment of the training ground at Playford Road.”