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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Will Sullivan buy another football club?

The East Anglian Daily News has been taking a look at the financial affairs of David Sullivan, former owner of the Daily and Sunday Sport. It's not altogether clear why, though there is a hint that Sullivan, who is in the process of selling Birmingham City football club, might be interested in buying Ipswich Town.

Sullivan, ranked 127th in the Sunday Times rich list with a £600m fortune, owns a mansion in north Essex, not massively far from Ipswich. However, he has indicated that he's more interest in racing nowadays. The bulk of his wealth, as much as £400m, is tied up in property. The Sport, which he sold in September, was small beer, generating a profit of £2.4m on sales of £35.8m, according to his company's most recent a set of accounts. (Via East Anglian Daily News)

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