Ipswich Town have announced a major ownership restructure.

Since the big US takeover in April 2021, ORG has managed funds for majority shareholders PSPRS (the Arizona Public Safety Personnel Retirement System). The nature of that pension fund is where the club's 'running towards adversity' mantra comes from.

PSPRS has slowly started to cash in some of their chips over the last two years though after a fast and significant return on investment, with US private equity firm Bright Path Sports purchasing a 40% stake for £105m in March 2024.

Now, after further dilution of ORG/PSPRS' shares, the majority shareholding has tipped in favour of Bright Path Sports and original investors the 'Three Lions'.

It's now come to light that Bright Path Sports are working closely with Clara Vista as par

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