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Ipswich lose £57m in seven years

Ipswich Town have announced their accounts for 2017/18. Income was slightly down but perhaps the key issue is that TV accounts for nearly half of income and will fall from £7m to about £0.7m if the club is relegated to League One.

The biggest cost for Ipswich is wages, the club paid £108 in these for every £100 of income, although this is far from unusual in the Championship where costs are more out of control than in any division.

Gate receipts fell from £5.1m to £4.7m. Season ticket sales dropped by almost 2,000 for the second year in a row (12,022 down to 10,144), though there was only a slight drop in average league attendances (16,271 compared to 16,980).

Ipswich lost £160,000 a week in trading last season, bringing total losses in the last seven years to £57 million. Marcus Evans now has lent £95 million to the club, as well as investing another £5m in shares.

Reports that the club has been put up for sale have been denied: Sale reports

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