By Aston
September 9 2004

Ipswich Town supporters club chairman Andrew Redfern doubts that Towns proposed second share issue may not produce the goods.

Doubts Over Share Issue

Ipswich Town supporters club chairman Andrew Redfern doubts that Towns proposed second share issue may not produce the goods.

Nearly 3000 fans and business bought in to towns first issue which raised £1.7million, a little less then the hoped £2million but still enough to have made the share issue worth while.

Redfern has said that: “It is unlikely that any supporters that missed out first time round regretted not buying shares.

“From the club's perspective it could be intended to see how much could be generated.

“Certainly if Ipswich are in the top six and are looking to progress then they will hope people will be positive about it and invest.

“I imagine though that it would be mainly corporate investment mainly rather than genuine supporters and season ticket holders who may have invested what they could first time around.”.

Source: EADT

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