The fortunes of the Tractor Boys has been changed, on the pitch, but how did the owners make theirs?
Two very important events in the history of the club—Gamechanger 20 taking over and Kieran McKenna being named manager—have drastically changed the course of Suffolk Town’s history, but one has had a far more direct influence than the other.
Even if you were to ask the relatively new owners of Town, they would undoubtedly heap praise on their Northern Irish coach for helping Suffolk achieve a meteoric ascent up the English footballing pyramid. However, the coach, true to form, would probably respond negatively, scoffing at the compliments that come with having managed two full seasons and two promotions.
| Championship standings 2023/24 | ||||
| Team | P | GD | Pts | |
| 1 | Leicester City (C) | 46 | 48 | 97 |
| 2 | Ipswich Town (P) | 46 | 35 | 96 |
| 3 | Leeds United | 46 | 38 | 90 |
| 4 | Southampton | 46 | 24 | 87 |
| 5 | West Brom | 46 | 23 | 75 |
| 6 | Norwich City | 46 | 15 | 73 |
| 7 | Hull City | 46 | 8 | 70 |
| 8 | Middlesbrough | 46 | 9 | 69
|
McKenna has accomplished something very few people have: he has been promoted from League One to the Premier League twice in a row. However, he has done so without raising any eyebrows with his methods.
Except from supporters of Norwich City and Leeds United, there wouldn’t be nearly as much praise going their way if they had entered the league and essentially purchased their way to the top.
Not to be confused with the quantity of the claimed money that Gamechanger 20 have at their disposal, they have had a respectable budget to work with.
How Ipswich Town’s owners made their money and what is their net worth?
For £40 million, the group acquired Town from its previous owner, Marcus Evans, in April 2021. Subsequently, they essentially erased the club’s £100 million in debt. Evans’s disdain among the club’s support base was such that their first act was enough to win them over.
Gamechanger 20 is owned by ORG, a different organization. They are an American investment fund that owns 90% of Gamechanger 20 Ltd. and, according to EDT, “manages funds on behalf of large US pension pot – the Arizona Public Safety Personnel Retirement System.”
How Ipswich Town are planning to spend their money
In addition to having extremely wealthy owners, Ipswich will receive a significant financial boost from joining the Premier League the following year.
According to the Daily Mail, the least amount of money made by a single team from the league’s TV rights deal during the 22–23 season was £91.7 million. They will benefit much from that on and off the field.
Chief executive Mark Ashton of the team expressed his desire to have star loanee Omari Hutchinson return to the team for the upcoming campaign. He was brilliant in the second part of the 23/24 season, and he sealed the team’s promotion with the last goal of the campaign.
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