Ipswich relegation could cost as much as £9 million in income
15 April 2019
The relegation could cost the club as much as £9 million in income where TV cash and a sponsorship in particular will lose value.
Wages was higher than income - and owner Marcus Evans injected capital to the club year after year.
Relegation to League One could cost Ipswich Town as much as £9 million in income, the Ipswich Star reports.
The Blues' relegation to the third tier was confirmed this weekend, bringing to an end 17 years in the Championship.
Dropping into the third tier of English football will result in a major financial hit for the club, with the Blues preparing for a loss of income of anywhere between £6 million and £9 million.