Three board members of US club Phoenix Rising involvedDerby say sale agreed with Erik Alonso’s No Limit Sports Ipswich Town’s takeover by Gamechanger 20, a group that includes three board members of the US club Phoenix Rising, has been completed in a transaction worth about £40m.
The deal ends the 13-year tenure of Marcus Evans, who will hold 5% of the new company. Ultimate control of Ipswich will be handed to an Ohio-based investment fund named ORG, which oversees a large US pension fund and owns 90% of Gamechanger 20. Mike O’Leary, the former West Brom CEO, will be the League One club’s new chairman.