League One club Ipswich Town have been taken over by an American consortium which has vowed to bring former glory back to Portman Road; Gamechangers 2020 says in the first instance they will invest heavily to get the club back in the Championship
Ipswich owners Marcus Evans Group have completed the sale of their majority stake in the club
The consortium, called Gamechangers 2020 for the purpose of buying the Sky Bet League One club, also owns American side Phoenix Rising FC and has bought out owner Marcus Evans, who had been in charge at Portman Road since 2007.
Evans has agreed to write off the money the club owes him in exchange for a five per cent share of Gamechangers 2020, who will receive additional finances from the ‘Three Lions fund’ – a group consisting of investors Brett Johnson, Berke Bakay and Mark Detmer.
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The outgoing owner said on the club’s official site: “I had always wanted to take the club myself to the Premier League and sadly, for too short a window, at one time this had seemed possible.