Ipswich owner Marcus Evans was owed £95m by the club in most recent accounts (2019) so likely to be £100m+ when he sold it. He’s written off debt in exchange for 5% of new company , which bought #ITFC for about £30m, so has effectively written off 98-99% of what was owed to him pic.twitter.com/NKLfvgjVi9

— Kieran Maguire (@KieranMaguire) April 8, 2021