Share Announcement Today - Ipswich Town News
Town will make an announcement later today regarding the club's share issue. The cut-off date for registration was 5pm last night, although applications which arrive in the next couple of days will not be discarded.
The club needed to bring in £1.25 million in order to make the issue viable and we understand that this level has been met and comfortably surpassed.
While £1.25 million was the minimum hoped for, it is likely the club was targeting a figure of around £2 million.
Town plan to use the cash as working capital, although Joe Royle could be handed some funds for loanees or free transfers, depending on the level of investment.
Fans who are still keen to buy shares can purchase £100 worth via Ipswich Town First, the Town Supporters' Trust.
The Trust's share-save scheme will allow fans to buy five shares by paying £10 a month over a period of ten months. The scheme ends on Friday, February 6th.
More details can be found here.
What to read next:
Town Women Lose to BirminghamIpswich Town Women were comprehensively beaten 4-0 by a confident Birmingham City side at the Colchester Jobserve Community Stadium this afternoon, their second successive WSL2 defeat.
Hirst Hoping to Add to Scotland CapsStriker George Hirst will hope to add to his international caps and goals later today when Scotland host Belarus in a World Cup qualifier at Hampden Park (KO 5pm, BBC2).
Slicker Sent Off After Final WhistleOn-loan Blues keeper Cieran Slicker was shown a red card after the final whistle having recorded his third clean sheet in four games as Barnet won 2-0 at Tranmere in League Two.
Neville: I've Settled in On and Off the PitchIpswich Town Women’s right-back Grace Neville says she’s settled into life with the Blues on and off the field, the New Zealand international having made the move from London City Lionesses following their promotion to the WSL in the summer.
Blues Quartet Set For Irish CapsTown quartet Dara O’Shea, Kasey McAteer, Jack Taylor and Chieo Ogbene could all add to their international caps when the Republic of Ireland take on Portugal in a World Cup qualifier in Lisbon this evening (KO 7.45pm, Amazon Prime).