davenportram Posted April 5, 2013 Share Posted April 5, 2013 £16m loss £70m in debt Training ground sold and rented back 119% wages to turnover (turnover £15m) http://www.greenun24.co.uk/ipswich-town/latest-news/ipswich_town_make_a_loss_of_15_96m_1_2003376 Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted April 5, 2013 Share Posted April 5, 2013 Make that £79.2m overall debt. Those figures are frightening. Football can't carry on like this much longer surely. Link to comment Share on other sites More sharing options...
Duracell Posted April 5, 2013 Share Posted April 5, 2013 Make that £79.2m overall debt. Those figures are frightening. Football can't carry on like this much longer surely. Ipswich Town certainly can't. It would be interesting if they went like Pompey...without a period in the Premier League recently and without moving stadiums! Link to comment Share on other sites More sharing options...
Ambitious Posted April 5, 2013 Share Posted April 5, 2013 Ipswich town are well known for gushing wages, around 17 million if that's right. When I was in Nottingham, Chambers was shouted about earning 16,000 a week and admitting Ipswich were ****.. just what you need from a captain of a club! They've got a big squad, and a few large names in their team - with a few high profile loans. Their team, on paper is a lot better than ours but they've been poor for years! Link to comment Share on other sites More sharing options...
DCFCfranco Posted April 5, 2013 Share Posted April 5, 2013 Blimey!!! They'll end up like cov or Pompey if they're not careful enough. The way football clubs are ran needs to change clubs can't spend millions of pounds forever and get away with it. Link to comment Share on other sites More sharing options...
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