Ipswich fans all say the same thing about Chelsea starlet as club secure lucrative investment from American firm [Video]

A US-based firm have acquired a 40 per cent stake in Ipswich Town in a huge financial boost to the club.

The investment is worth £105million and is said to be ‘an exciting step which will further secure the club’s future’.

ORG, which manages funds for PSPRS (the Arizona Public Safety Personnel Retirement System), retains a majority share of around 50 per cent of the club, with a number of minority shareholders holding the remaining 10 per cent.

Despite the investment, current CEO Mark Ashton will continue to manage the club day-to-day as Ipswich look to secure promotion to the Premier League.

Ed Schwartz, co-founder of the club’s majority shareholder ORG said: “When we purchased Ipswich Townin 2021, we did so with the initial aim of restoring the club to the Championship and becoming competitive at this level, with the plan …