Council Confirm Rent Agreement
Saturday, 11th Feb 2012 21:50
Ipswich Borough Council have confirmed that their dispute with the Blues over the back rent owed on Portman Road has been resolved, as first revealed by TWTD yesterday. Town will pay the £654,702 over six years or within a few weeks of the club winning promotion to the Premier League.
IBC leader David Ellesmere told the BBC: "Our annual spending is over £100 million and £650,000 is an awful lot of money for us.
"There was no way we could back down on that but we obviously wanted to do the best we could for the club.
"They are a huge asset for the town and we've always wanted to work with them as well as we can.
"We are happy. It seems a sensible compromise. We're getting the money we're owed but are not putting any undue pressure on the club."
A Town spokesman said: "We are pleased to see the conclusion of this matter."
Photo: Action Images
Please report offensive, libellous or inappropriate posts by using the links provided.
You need to login in order to post your comments
Blogs 264 bloggers
Rise and Fall by NormEmerges
Like my father, I was born and bred in Suffolk. He was a lifetime Ipswich Town supporter. But when I was a boy, back in the 1950s, like many small boys I followed clubs at the top of the old First Division.
Reflections on Relegation by TimS
I was walking through Kesgrave last Saturday afternoon around 4.35pm with my mind wandering. I could distinctly remember making the same walk from a local Tesco through Grange Farm back in the spring of 2002.
The History Boys by Tristan90
My first season following Town was 2002/03, just after relegation from the Premier League and in full of optimism for a quick return.
It's Not R*********, It's the Promise of an Adventure by BaltachaFanClub
Let’s be totally honest, we’ve not had a good year. I know that’s an understatement and come August we begin in a league we haven’t played in for the majority of most readers’ lives.
Reasons for Relegation by rickw
This week has seen several newspapers print their stories on Ipswich's demise giving their simplistic reason on what's gone wrong.
Ipswich Town Polls
[ Vote here ]