Ipswich Town owner Marcus Evans has admitted that the EFL’s decision to introduce a salary cap will impact the club negatively.
🗣 "We were against the introduction in this format at this stage. It restricts our reinvestment considerably."
Owner Marcus Evans has spoken to the Club website following the decision to introduce a salary cap in League One and League Two.
— Ipswich Town FC (@IpswichTown) August 8, 2020
It was revealed yesterday that after votes from all clubs in the bottom two tiers, new measures would be put in place, with a limit of £2.5m and £1.5m applied for the respective divisions.
And, Evans told Ipswich’s official site that they voted against having a salary cap and whilst they will adapt, the Tractor Boys chief also acknowledged it ‘restricts our reinvestment considerably’ as they look to get back to the Championship after a disappointing previous season.
However, it’s fair to say that many Ipswich fans did not appreciate those comments from Evans as it has often been levelled at the businessman that he didn’t do enough to financially back the club in recent years, which is why they find themselves in League One.
Here we look at some of the reaction from Twitter…
— Samuel Prebble (@Prebbs99) August 8, 2020
Reap what you sow
— Smiffy (@Smiffy_2010) August 8, 2020
Only yourself to blame Marcus! Your underfunding has got us here, so I’m surprised you are bothered about the restrictions
— Ryan Martin (@rjmartinITFC) August 8, 2020
This cap is not Evans fault but the fact that we are here in the first place is! We face being cut further adrift from the championship and possibly never getting back to the prem. underfunded, underachieving and unacceptable #itfc
— David (@BigDave24120928) August 8, 2020
I’m dead against this but on the plus side, we may not make an £8m loss every season now….
— Tucker (@runningtucker) August 8, 2020
It restricts what reinvestment Marcus?! 😆 #itfc
— ITFC 👤 (@_____ITFC) August 8, 2020
What reinvestment hahahha
— Luke (@LukeMinns18) August 8, 2020