The most impressive blog on football finance is the Swiss Ramble. He provides careful, in depth analysis of particular clubs. His latest report is on Ipswich Town, currently topping the Championship. Supporters of other Championship clubs should note that there are a lot of interesting comparative charts and tables covering all clubs in the division.
The most impressive blog on football finance is the Swiss Ramble. He provides careful, in depth analysis of particular clubs. His latest report is on Ipswich Town, currently topping the Championship. Supporters of other Championship clubs should note that there are a lot of interesting comparative charts and tables covering all clubs in the division.
Rather than spending money on bringing in players, Ipswich are trying to develop their existing ones. Since 2010 they have spent an average of £0.2m a year on gross purchases, whilst net sales have amounted to an average of £3.5m.
They are still making a loss of £7.6m a year, albeit down from earlier years. But as the Swiss Ramble points out, almost all Championship clubs do run at a loss. The only exceptions last year were the ones that were relegated.
There is £86m in debt, but it is all owed to the Marcus Evans Group, the company of the owner.