Football finance, from the outside inThe Orange LedgerFor professionals

Ipswich Town

Squad cost ratio (SCR) for the 2026/27 season: the Orange Ledger's independent estimate for the Premier League's 1 March 2027 test, updated as new data arrives.

SCR under the rule97.9%Range 91.0% to 104.1% · ranked 19 of 20
Before player-sale profit109.0%Squad costs against revenue alone
Distance to 85%12.9 pts overBREACH_NOTIFICATION

Where the revenue goes

Squad costs as a share of revenue
Player and head-coach wages: £84.3m, 51.8% of revenueTransfer amortisation: £83.7m, 51.4% of revenueAgents' fees: £7.9m, 4.9% of revenueHead-coach fees to other clubs: £1.4m, 0.9% of revenueCosts exceed revenue by £14.6mSCR limit109.0%of revenue

Costs exceed revenue by £14.6m

Squad costs under the rule
Player and head-coach wages: £84.3m, 46.5% of revenue + avg sale profitTransfer amortisation: £83.7m, 46.2% of revenue + avg sale profitAgents' fees: £7.9m, 4.4% of revenue + avg sale profitHead-coach fees to other clubs: £1.4m, 0.8% of revenue + avg sale profitRemaining revenue: £3.8m, 2.1% of revenue + avg sale profitSCR limit97.9%of revenue +avg sale profit
  • Player and head-coach wages £84.3m
  • Transfer amortisation £83.7m
  • Agents' fees £7.9m
  • Head-coach fees to other clubs £1.4m
  • Remaining revenue

The squad costs the same £177.4m in both rings; only what it is measured against changes. Adding the three-year average profit on player sales (£18.4m a year) to revenue takes the ratio from 109.0% to 97.9%, so selling players is worth 11.1 points to Ipswich Town under the rule.

Squad costs and revenue: the Orange Ledger's estimate for the 1 March 2027 test, rolled forward from the 2024/25 accounts; three-year average of player-sale profit. The 85% tick marks the rule's limit on each ring.

Filed accounts, 2024/25

Revenue, £m
153.7
Profit before tax, £m, as filed
(10.9)
Net assets, £m
115.3

Premier League, nearest group accounts as filed at Companies House, read twice. Losses and net liabilities in brackets.

20 seasons of finances →
Next date for Ipswich Town31 March 2027Ipswich Town's 2025/26 accounts due at Companies House: the filing that tests this estimateFull calendar →

How the SCR is built

Estimate for the 1 March 2027 test, £m

Player and head-coach wages84.3
Transfer fees, spread over contracts83.7
Agents' fees7.9
Head coach's fee to another club, spread over his contract1.4
Squad costs177.4
Revenue counted by the rule162.8
Three-year average profit on player sales18.4
Revenue plus averaged sale profit181.2
SCR under the rule97.9%
Before player-sale profit109.0%

SCR = squad costs ÷ (revenue counted by the rule + three-year average profit on player sales).

Latest filed accounts

2024/25, year to 30 June 2025, £m

Turnover155.4
Tickets11.2
Commercial29.0
Merchandise7.6
League distributions and tv107.6
Staff costs, all employees77.1
Transfer fees written off (amortisation)29.8
Profit on player sales15.4
Squad book value (player registrations)95.0

Ipswich Town Football Club Company Limited (company) (company 00315421), as filed at Companies House. The SCR uses the club's accounts, rolled forward to 2026/27.

SCR 2026/27 articles

Figures are from the latest completed checkpoint. They are the Orange Ledger's estimates, not official figures. Ipswich Town's finances, season by season · All 20 clubs.

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