Great news coming out of Fortress Portman Road... It would appear that the mighty blues are in the process of being bought by reclusive billionaire Marcus Evans. Ipswich have been in real financial trouble for a number of years, ever since they got relegated from the Premier League a few years back. They've been in debt to the tune of about £30m, and the new deal (if it goes through) will not only wipe the debt in full, it will also bring in about £12m of new investment into the club.
The threat of administration has been very real for some time and it's the best news to come out of Portman Road for some considerable time. Marcus Evans himself is an extremely secretive individual - almost nothing is known about him. His firm runs all manner of things and he tried to buy the Mirror Group recently. Personally, I couldn't give a shit as to what he does - as long as he brings the glory days back to Portman Road, he could sell orphan and kitten pies to Al Qaeda.
Ipswich are currently sitting pretty 4th in the league, with a big game against local rivals Naaarwich on Sunday. Could this really be the season that we finally take our rightful place amongst the Premier elite? Who knows... Whatever happens, at least the immediate future of Ipswich has been secured. And that will do for me for now.
Thursday, November 01, 2007
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Many, many teams have had cash injections which have led to precisely bugger-all. The danger is that the money will burn a hole in manager Jim Magilton's pocket, and he'll go out and buy players who disrupt the dressing-room and cost a packet in wages. Mind you; he was around in the dark days, so should have learned from George Burley's mistakes last time we went up. Main thing, as you say, is that the club is stable financially now.
With all the good news this week and Norwich's woes, I can now even more confidently predict they'll thrash us on Sunday...
Come on you blues...
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