Charting the demise of Ipswich Town – analysing the last five year’s financials
2 May 2019
The club have struggled to develop its business the last 5 years. Expenses grew faster than revenue.
Club will be bit hard by plummeting incomes from broadcast, sponsorship and commercial. Town’s board looks to cut budgets across departments as the Blues drop to League One.
Supporters club chair says lack of investment in players and loans policy contributed to relegation.
Ipswich Town’s slide into League one after a 17-year stay in the Championship is a tale of under-investment in players and shrinking income over the last five years.
Another shake-up of senior management and players lies ahead in the coming weeks after a rocky 18 months as the club bids to address plummeting broadcast revenues and deal with disaffected players whose wages will be slashed after relegation.