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Ipswich make 10m operating loss

03 Nov 2009 10:12:34

Ipswich make 10m operating loss

Ipswich Town have reported a loss of £10.3m for the year to 30 June 2009 - a rise of more than £6m compared to the previous financial year.In a shareholder statement, the club revealed the wage bill for players and coaching staff rose from £8.3m to £11.9m with £7.2m spent on new players. During that period players brought in included Grant Leadbitter, Tamas Priskin and Carlos Edwards. Businessman Marcus Evans bought 87.5% of the club's shares in 2007. The report to shareholders said the cl.... read more


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