Arizona Scores Substantial Gain From Ipswich Town FC Stake

Sindre Walle Egeli, right, of Ipswich Town FC celebrates with teammates after scoring the team's first goal during the Sky Bet Championship match against Blackburn Rovers at Ewood Park in Blackbun, UK, on Dec. 2, 2025.

Photographer: Kate McShane/Getty Images

The Arizona Public Safety Personnel Retirement System has locked in a sizable gain from its four-year investment in Ipswich Town Football Club, after the English side underwent a significant reshuffle of its ownership structure.

PSPRS, which first backed Ipswich in 2021 through funds managed by ORG Portfolio Management, sold part of its stake to Portman Holdings LLC, which has acquired a controlling stake in Gamechanger 20 Ltd, Ipswich Town’s parent company.