Home/Club Crisis Index/Aldershot
Ipswich Town administration history: every insolvency event since 1986
Ipswich Town has one insolvency event on record in 2003, with no points deducted. The most recent: administration in 10 February 2003, First Division.
Ipswich Town timeline
- · First Division · Administration
Relegated from the Premier League and hit by the ITV Digital collapse, Ipswich Town went into voluntary administration with Deloitte and Touche as supervisors, leaving existing management in place. A CVA was agreed in May 2003.
Owner at the time: David Sheepshanks (chairman)
Outcome: Survived. Creditors (98%) approved a CVA on 2 May 2003 to clear about GBP 35m of debts; the club officially exited administration on 30 May 2003.
Sources: BBC Sport: Ipswich reveal restructure plan · BBC Sport: Ipswich exit administration