The level of investment by Ipswich Town's owners during the Championship promotion-winning season has been outlined by new financial documents. 

A 'Return of Allotment of Shares' form (SH01) was electronically logged by the club with Companies House this afternoon.

It shows that £39.2m worth of investment over the period of June 2023 to June 2024 has been converted into 112 million shares.

It was announced in March that US private equity firm Bright Path Sports Partners had purchased 40% of the club for £105m.

As a result, ORG, which manages funds for PSPRS (the Arizona Public Safety Personnel Retirement System), saw their shares diluted down to 50%.

They remain the majority and controlling shareholder in the club, while the remaining 10% is made up of smaller investors including the Three Lions fund - Brett Johnson, Berke Bakay and Mark Detmer - who all significantly increased their investment.

None of the original ownership group sold any part of their stake in the Blues, with Bright Path's cash all new investment into the club.

In March, Ipswich Town's latest set of accounts, for the 2022/23 period, showed losses went up from £12.8m to £18.2m when securing promotion from League One.

Football finance expert Kieran Maguire recently outlined that Ipswich will see their TV revenue jump from £8m to £105m in the Premier League and would receive £42m in parachute payments should they get relegated straight away.