Leeds United's fellow Championship side have received some big off-the-pitch news
It was reported late last week that US private equity firm Bright Path Sports Partners has bought a 40% stake in Leeds United’s promotion rivals Ipswich Town. As per BBC Sport, the club’s majority shareholder ORG has reduced it’s stake from 90% to 50%. The remaining 10% will be made up of smaller investors including the Three Lions fund, who have also recently upped their investment.
Sam Simon, the lead investor in the Bright Path-Ipswich investment, said: “We are excited to be making this investment in a brilliant football club. “We love the history, the potential for the future, the passionate fans and the management of the club, who are amazing people. We invest in people and this is perfect for us. “We believe in investing for the future in order to give the team and management the tools to do their jobs and we’re excited to be working together.
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