EFL Championship - Ipswich Town Football Club

US Private Equity Firm Bright Path Sports Partners have bought a 40% stake in
championship club Ipswich Town, at a cost of 'up to £105m'.

As a result, majority shareholder ORG has reduced its stake from 90% to 50%.

The deal will result in Bright Path co-founder Jake Zahnow & Sam Simon whose
company is the primary funder, joining the board at Portman Road.

Zahnow, said they had looked at teams all over the World, for possible investment
opportunities, but having held talks with Ipswich Town, they " Stopped Looking ".

US Investment Fund ORG bought the club via a new company, Gamechanger 20 LTD
from previous owner Marcus Evans in April 2021.