Ipswich sale agreed

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Football News
The board of Coca-Cola Championship side Ipswich have reached an agreement to sell 87.5% of the club to media entrepreneur Marcus Evans.

The plan to sell to Evans was announced in October by chairman David Sheepshanks and will see him clear the club´s £32million debt and invest a further £12million into the Portman Road club.

Sheepshanks - who will stay on as chairman - told shareholders in an open letter: "This is an extremely good outcome. Marcus Evans has indicated a willingness to provide further investment were it to become necessary to achieve his and the club´s aims."

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Ipswich Town

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