Ipswich Town - Finances

With Ipswich now a close rival for one of the automatic promotion places I read their recently filed accounts with a great deal of interest. I am quite a dull person.

Anyway their accounts to 30 June 2022 show turnover of £14.4m and an operating loss of £14.4m. This is reduced to a loss of £12.6m after taking account of profit of £2.4m on player sales and £0.6m of finance costs.

They have a wage bill of £16.4m which is £2m higher than ours in the Championship. They paid £3.4m in incoming transfers and carry debt of around £11.5m.

Possibly most interesting is that after the year end they spent another £6m on players and the owners put in £18m in equity!!!

This is the financial clout the club is up against as we try to get promoted.

 

Ed Sheeran can cover that loss with a few sold out nights at Wembley Stadium, so they won't be bothered.

 

And this doesn't fall foul of FFP?

 

With Benjamin Bloom bankrolling them, they/Ippy will be in the Champions league in a few years.
As much as I respect them, they are a blooming annoying bogey team who we rarely ever beat!.

 

I remember us beating them in the FA Cup in the 80s, John Wark scored an OG from about 40 yards as I recall.

Correction 1990.

 

Nearly. He hit his own post when we were already 2-0 up. Excellent performance from us, leading to the classic 2-2 draw at Bramall Lane in the 5th round.

 

Ipswich are 90% owned by a US pension fund Arizona Public Safety Personnel Retirement System.

Ed’s wealth by comparison is quite small.

 

I remember our beating them 2-0 away in the League Cup in 1960, when they were top of Div 2 and we were in Div 3.

 

Yeah I know we've beat them just a few times lol, but like I say, we rarely ever beat them.

Speaking of that Fa cup win against them in season '89, remember they won away at Leeds in the previous round. And we were the only team to do that in the League, and complete the double over Leeds.

 

80 minutes Barnsley 3-0 Ipswich, should have been 10. Final score Barnsley 3-3 Ipswich. Still fuming. I would have been a lawyer politician investment banker if it wasn't for that fkng match.

 

Quick quiz v Ipswich.. and no googling!!

Which reds player made his home debut for us on two separate occasions, both against Ipswich ?.
Which future reds player scored their only goal when we hammered them 5-1, in season '90 ?.
Why did Craig Hignett not take both pens against them at Wembley in '00 ?.
How many tractors will they bring to Oakwell for the midweek re-arranged match ?.
How many of them actually understood a word Mick Mac said, when he was their manager ?.
And finally, aren't they really all just a bunch of Naaarich fans in disguise lol ?.
Please discuss!.

 

Ed Sheeran can probably cover that debt with one of his weekly released singles that sound the same

 

Ed is far from perfect and releasing a new song all the time is one of his bad habits.

 

I'll go David Currie for the first.
As for the last, after visiting both Carrow Road and Portman Road regularly at the end of the 70s Portman Road was a much better atmosphere and place to be.

 

My 18th birthday, well and truly ruined. After Redfearn put in the 3rd I was convinced it was going to be the best birthday ever. Unfortunately it was all downhill from there. Ipswich somehow equalised after being 3-0 down with 5 minutes left having not had a kick, then I went out and the lass I was planning on birthday banging copped off with one of my mates in front of me. I was so pissed off about it that I ended up getting in a fight with someone else. This was a spectacularly stupid move, as I am extremely bad at fighting, so I got a bloody nose for my troubles, and went home with my tail between my legs. Woke up on Sunday morning with a cracking hangover, a very sore nose, and alternating horror memories of Ian the permed wnker Marshall celebrating, interspersed with Amy Ellis snogging my mate.

 

Yep, it was David Currie and he scored twice against them in season '87, and once against them in season '91.
And there are of course no right or wrong answers for questions 3 to 6 lol.

 

David Currie
Richard Naylor
Higgy should have barged Barnard out of the way
Could be gridlock at Dodworth when all the elderly Massey Fergusons break down
Mick will have had to speak verrrryyyy slowly
Probably bigger than the Canaries

 

All went downhill when Dave Watson started pissing around with the ball instead of booting it as far as he could.

 

I'll give you 9 out of 10 for effort lol, but the Richard Naylor answer is totally unacceptable. More homework for you is needed I reckon.