IPSWICH Town is not for sale, a club director has confirmed.

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Rumours had surfaced on social networking sites this morning that owner Marcus Evans had accepted a bid from an interested party.

However, joint-managing director at Portman Road, Ian Milne said: “Unsolicited interest has been expressed from time to time but none have involved any serious offer or attempt to follow up.

“The club is not up for sale.”

36 comments

  • Well done threenewknees!

    Report this comment

    FRANK WESTON

    Tuesday, February 12, 2013

  • PS Steroo, I think I speak for most on here when I say I wish you would leave this board, and stop your boring, attention-seeking, trolling comments that paint a picture of a man living a depressed, joyless life.

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    Tom

    Tuesday, February 12, 2013

  • Make it a tenner Paul the alien and I will join you. Anything to get rid of that snide Steroo

    Report this comment

    Rex Ide

    Wednesday, February 13, 2013

  • What a strange coincidence, only this morning I announced that my car was not for sale and one of my neighbours announced his house wasn't for sale. That's another two more stories for an enterprising EADT journalist .

    Report this comment

    JOHN BURLS

    Tuesday, February 12, 2013

  • Sell Ipswich Town what a joke, god they do not own anything there nearly all loaned players. Give em £10 lol

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    ged scott

    Wednesday, February 13, 2013

  • have the trotters put a bid in?

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    clever canary

    Tuesday, February 12, 2013

  • I cant imagine it would cost much to buy the club as it has very few saleable assets. The whole squad would probably fetch less than £2m and the ground is rented from the council, not to mention the huge and increasing debts !

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    gaz man gaz

    Wednesday, February 13, 2013

  • Of course its not for sale, somebody is doing very niccely out of it thank you.

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    Cyril Baker

    Tuesday, February 12, 2013

  • Woman In Timbuktu Punished For Forbidden Love I tell you, that Rob Steroo gets everywhere doesn't he?

    Report this comment

    floridaboy1

    Tuesday, February 12, 2013

  • Interesting to note that our CEO left a few days ago - wonder if he knows or knew something material?

    Report this comment

    Blue and true since 1962

    Tuesday, February 12, 2013

  • ITFC is a puny company, financially speaking. It organises 30 home matches a year and takes part in double that number. It sells a handful of cheap merchandise. It receives a few bobs worth of TV fees. Its annual turnover is less than £20m. It struggles to break even. What assets does it own? A training ground, apparently. And some players, fixtures and fittings. It is apparently insolvent and relies on funding from the owner to remain a going concern. Any professional auditor goes out on a limb to give even a qualified report. A buyer would offer little based on asset values. So Mr Steroo's 1p is not unreasonable. A future profits basis of valuation is hardly more rosy, given the current performance on-pitch and future prospects therefor. You have to wonder why anyone would want to own the present incarnation of ITFC. Incidentally the level of debt due to the current owner is irrelevant to any valuation. It is merely a record of the current owner's past transactions with the company. It is certainly not a guide to the buying price of the company.

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    Bertie Shrimp

    Wednesday, February 13, 2013

  • i heard a joke the other day it ended with rob steroo back to a proper issue , ipswich for sale rubbish....

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    jhughes

    Tuesday, February 12, 2013

  • Whether you agree with him or not Rob Steroos comments are considered well reasoned & consistent. While we may not all agree surely it is incumbent on those who do not to provide a counter argument. Merely retorting 'troll' 'boring moaner' 'canary' falls a little short of discrediting his argument. Are we to assume that there is no counter argument ??????? of is it that the true 'laziness' lies with those who just cannot be bothered to point out the error of his ways ????

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    Old Timer

    Wednesday, February 13, 2013

  • Damn, I wish it would be sold to somebody who wasn't a tax exile and hadn't ripped off the club.

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    The Poacher

    Tuesday, February 12, 2013

  • So unsubstantiated gossip on social networking sites is now considered a legitimate news source? What has journalism come to?

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    Craig Chenery

    Tuesday, February 12, 2013

  • Hav'nt got any comment really just wanted to get in before Steroo's pile of bile.

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    threenewknees

    Tuesday, February 12, 2013

  • Ipswich Star? More like Daily Star. All you need now is boobies on page 3 and you're there....

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    Paul Wauly

    Tuesday, February 12, 2013

  • A joint managing director should be able to make statements to the press with the help of his press officer so would he care to note that the correct wording is none has, not none have. Actually the whole sentence is a mess.

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    JOHN BURLS

    Tuesday, February 12, 2013

  • Steroo, your post below is definitive proof you are not a professional man, let alone an accountant. To value the club at 1p is a ridiculous statement, given you accept you have never seen the accounts. The fact is that it is a going concern, attracting 16-18,000 customers a week, each paying £40 odd. In addition, given its history of providing youth players like Rhodes and Wickham (not to mention Bent, Ambrose, Wright etc), it has proven time and time again that it can produce assets and sell them for millions. You ignore these points in your pathetic attempt to deliver an opinion on a subject upon which you evidently know little and understand even less.

    Report this comment

    Tom

    Tuesday, February 12, 2013

  • Maybe, just maybe the local council would be interested in this club bieng owned by the people,god knows they waste enough money on other things,hey just think about it and then all the experts could have thier own say.

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    scarffy

    Wednesday, February 13, 2013

  • Of course its not for sale, somebody is doing very niccely out of it thank you.

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    Cyril Baker

    Tuesday, February 12, 2013

  • At last a coherent, if overly long, argument from Rob. He has made a number of decent points in his dissertation. If only he keeps his comments to his views and remove the inuendo and disrespectful remarks he may get less negative feedback.

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    bristan

    Wednesday, February 13, 2013

  • So a rumour on a social media site dependant on rumour and self indulgent posting constitutes a news story now? For goodness sake EADT, you used to be better than this. and for one thing you're just giving Steroo a chance to spout his usual baseless, paranoid nonsense. I despair.

    Report this comment

    Andrew Mehen

    Tuesday, February 12, 2013

  • Ipswich Star? More like Daily Star. All you need now is boobies on page 3 and you're there....

    Report this comment

    Paul Wauly

    Tuesday, February 12, 2013

  • Steroo I started to read your long rambling diatribe then just got really bored about two lines in. Please just go away. I'm not going to bother to reply to you anymore. You are extremely tedious.

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    Tom

    Thursday, February 14, 2013

  • The trouble with ME being a recluse is that we just do not know what his intentions for the club are. We heard much from Clegg re his committment & these sentiments were endorsed by various managers. However in the absence of direct quotes from the man there will always be speculation about his true motives.Anybody who lives in a tax haven leaves themselves open to suggestions that the ownership of the club may have similar benefits & this together apparent asset stripping makes supporters uneasy. We do not even know the full extent of the debt or how this is to be repayed ????? I think most are not gullible enough to believe the original suggestions that finance was not merely provided as some sort of benevolent loan only to be repaid in the event of promotion to the Premiership. It may of course be that ME's intentions are entirely honourable but the silence he maintains merely adds to the confusion & apprehension amongst supporters. There have always been those who say ME saved us from administration & that we are lucky to have such a rich benefactor - but while his intentions are shrouded in the same mystery as his own appearance we can none of us be sure. Like most supporters I an anxious about the long term viability of the club - & surely it should be incumbent upon the owner to make clear his reasons for taking over the club - his vision for the future & more importantly how we are going to manage an ever spiralling debt. Only then will supporters be able to make an informed judgement on ME & his stewardship of their club.

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    Old Timer

    Tuesday, February 12, 2013

  • Time for us to consider a possible solution. First some facts. 1. We are not a club in a position to buy top quality personnel. 2. We do not have a benefactor who appears willing or able to provide enough money to move us into the big league. 3. The odds must be on relegation this season. 4. Next season could be worse as we lose the resources needed to buy the appropriate players and service loanees. 5. Season tickets are likely to dip by at least 10 to 20 % for next season. The solution? A community buyout sponsored by the Borough Council, County Council and supporter groupssupporters? Any views?

    Report this comment

    Blue and true since 1962

    Wednesday, February 13, 2013

  • Why are so many of these threads absolute rubbish. the supporters do know what the club is doing we do have a supporters forum and we also have supporters who talk with the management etc do not beleive all the hype printed by this paper, and why get so hung up on who owns the club and why can we not respect his wish for privacy. The person to listen to is MM he picks the team and sends it out on the field and that should be all we care about. We must put all this rubbish that ME is ripping the club off out of the paper as real supporters know thie is not the case. When we had what these supporters call a chairman that is vocal and lets us all know what is happening we went into receivership so if that is what you want again then keep up your rants if not lay off the management and let them get on with running the club !!

    Report this comment

    finchk702

    Tuesday, February 12, 2013

  • RS does get tiresome at times but when will some of you 'super intelligentsia' posing as financial wizards and football experts just take a breath and consider the arguments for a moment? You might just learn something, Oh sorry ,but of course you know it all don't you ?

    Report this comment

    Brian Betts

    Wednesday, February 13, 2013

  • Tom, a certain Sulaiman al-Fahim once bought Portsmouth for £1 and owned it for 43 days !

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    Brian Betts

    Wednesday, February 13, 2013

  • No smoke without fire. !!

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    brisie58

    Tuesday, February 12, 2013

  • Naarwich fan in peace. I'd just like to say that we have a similar troll called Ged Steroo on our pink un site, and that the thing is most definitely not a Norwich fan. Wouldn't want hurtful accusations like that flying around! Most likely an archant employee trying to stir up trouble. Thanks.

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    chirpy

    Tuesday, February 12, 2013

  • To be honest Steroo you lazy, no good boring moaner everybody on here (apart from Ged Scott) are fed up of your weak arguments and boresome tales. I would pay 1p to have your comments removed. Any takers?

    Report this comment

    Paul The Alien

    Wednesday, February 13, 2013

  • Oh my Tom you are quite the comedian. Ipswich Town are a going concern... ho ho, very droll, very witty. Have you seen the accounts? Are you aware of the size of the crowds and how many games are played at Portman Road aka The Offshore Arena? Are you in touch with reality in any way shape or form? Start with the sell out. Back then Town were a small Town club in deep financial trouble owing to the way the club had been run - in particular highly questionable ruinous contracts to players and worst of all building not one but two stands which were not and never could be financially viable (despite the glaring example of the Pioneer Stand being rather close to home). At the time of the sale the club was 6th in the table with a largely young and vibrant team including several saleable assets, had just won the FA Youth Cup, which created the illusion that the academy was mining a rich vein of talent (when even a cursory look would show that the academy was underperforming since Lyall left) and football had entered a short-sighted era based on daft loans rather than the common sense of home-grown players. Also most 'big' clubs rarely if ever buy League players any more... so Town are effectively sellers to the likes of Charlton with Bent & Sunderland with Wickham. There was also the known presence of Rhodes and Wickham (neither of whom arrived via the academy) to add substance to the belief that, one way or the other, the purchase price of circa £8million could in fact be recouped in two years, leaving the theoretical opportunity to buy a club on the edge of the fabled wealth of the premier league for nothing. Got that? Quite an attractive scenario if you forget that the failed, inept previous group of directors couldn't get out fast enough, which might tell even you something. Presumably even you cannot argue with facts, although you might choose to confuse the blindingly obvious with mythical hindsight. Now consider the bleak reality of Offshore Investment FC today. There are no contracted players of any substantial value (and very few contracted players), no obviously talented young players coming through. Hyam is no Garvan. Lawrence is no Trotter. The crowds are smaller, the fan base disillusioned. The club is moribund and stagnant from top to bottom. Most supporters are season ticket holders paying substantial discounts. High prices are understandably keeping floating supporters away - as is the ever-changing merry-go-round of other teams' players masquerading as Town players. Few supporters who went during the 20th century can identify with the questionable goings on at Portman Road on or off the pitch. Ipswich Town aka Offshore Investment FC is a tiny, seasonal business with very limited income. The last available accounts show a loss despite including the sale of Walters and Wickham for £11million. A loss of over £11million on an income of £16million before transfer fees incoming is not a good indication of a 'going concern'. The accounts since have been witheld, presumably because they make such grim reading. There is absolutely nothing to buy - other than the illusion of Premier League wealth... which as we know already is in fact an illusion.... all the small clubs in the Premier League - and maybe ALL the clubs in the Premier League are either running at huge losses of weighed down with massive debt. Or both. Someone may be prepared to take on Offshore Investment FC for the same reason the current (unkown) owner(s) did. But the value of the club is absolutely nothing in reality - other than the nominal amount someone might be prepared to pay. The more worrying reality behind the rumours is that the house of cards that is the Marcus Evans Group might not be financially viable either. I doubt there is much of any substance to sell there either.

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    Rob Steroo

    Wednesday, February 13, 2013

  • The only reason we can be sure the club is not for sale is that there is nothing left to sell. When the club had a vibrant team in the top six, a flourishing youth set-up that included Rhodes on the cusp of the first team (hoho) and Wickham the most (over)hyped young player in English football Town were worth apparently, about £8 million. Now there are no contracted players of any value, the club has been stripped bare and the debt artificially inflated to god knows what as the firgures have not been revealed though £80 million seems 'right.' Maybe a nominal value of 1p could be put on the club but the sad truth is that a stick of bubble gum would be 1p better spent.

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    Rob Steroo

    Tuesday, February 12, 2013

  • WHAT are you talking about steroo , when Rhodes was at this club he was an emerging talent who should have been LOANED not sold to huddersfield and certainly added no significant value to the club as a whole , why dont you go and chew your bubblegum and leave the football to those who actually recognise one

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    KEVIN FRANCIS

    Tuesday, February 12, 2013

The views expressed in the above comments do not necessarily reflect the views of this site

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