Who are the Ipswich Town FC owners as club secures major Premier League promotion? | OT2P022 | 2024-05-04 16:08:01
Who are the Ipswich Town FC owners as club secures major Premier League promotion? | OT2P022 | 2024-05-04 16:08:01
Ipswich Town are back in the Premier League for the first time in over 20 years, securing back-to-back promotions under manager Kieran McKenna.
It has been an amazing time for the Tractor Boys since McKenna took charge in December 2021, securing promotion to the Championship last year and now earning their spot back in the top flight.
Incredibly Ipswich have lost just six of their 46 Championship matches this season, scoring 92 goals, more than any other side in the division.
McKenna has rightfully received a lot of credit for his work at the club, but it has also been a huge turnaround since a change in ownership in April 2021 when former owner Marcus Evans relinquished control.
Who owns Ipswich Town?
A US investment fund called ORG, which manages funds for PSPRS (the Arizona Public Safety Personnel Retirement System), owns 50 per cent of the shares in the club.
US-based private equity firm Bright Path Sports Partners this year took a 40 per cent stake in the club after making a £105m investment in March.
That investment saw ORG's stake in the club reduce from 90 to 50 per cent.
The other 10 per cent of shares are owned by a range of smaller investors, including the trio of Brett Johnson, Berke Bakay and Mark Detmer, who make up the Three Lions fund.
Does Ed Sheeran own Ipswich Town FC?
He does not. Although this rumour does still float around.
Sheeran is a big fan of Ipswich and his involved at the club, providing shirt sponsorship since ahead of the 2021/22 season when the team were in League One.
He has continued to sponsor the shirts since then and is expected to in the Premier League as well.
When was the last time Ipswich were in the Premier League?
Ipswich were last in the Premier League in the 2001-02 season, finishing 18th in the table and being relegated back to, what was then called, Division One.
They had spent two seasons in the top flight, going up through the play-offs in 2000 and remarkably finishing fifth in the Premier League in their first campaign, before suffering relegation the following year.
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