Ipswich Town have announced a “significant investment” into the club from Bright Path Sports Partners, a private equity firm which raises and deploys Native American capital. The investment of up to £105million will see the firm have a 40 per cent minority stake in the Championship side.
have announced a “significant investment” into the club from Bright Path Sports Partners, a private equity firm which raises and deploys Native American capital. The investment of up to £105million will see the firm have a 40 per cent minority stake in the Championship side. ORG, the club’s majority shareholder headed by Ed Schwartz, will retain a controlling 50 per cent stake. The remaining 10 per cent is owned by smaller investors, including the Three Lions fund.
” Ipswich have had a successful season so far in 2023-24 Ashton expressed excitement about the partnership, stating that it further secures Ipswich’s long-term future and that the redevelopment of the club’s Playford Road training ground would be one of its immediate projects. “We are excited to welcome Bright Path Sports on what is another landmark day in the club’s history,” he said.
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