Even though the Canaries finished in the top six, their chances of making it back to the Premier League were dashed when they lost to Leeds United in the play-off semi-final.
After a rather lengthy stint in League One, Ipswich struggled to reestablish themselves as a strong second-tier team. They only returned to the Championship in 2023.
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Although they are finding life at the highest level somewhat challenging, they were able to surpass all expectations under Kieran McKenna and have achieved a spot in the top tier.
Norwich supporters will want Ipswich to lose again because of the intense animosity between the two teams.
The wealth of the two teams’ owners, their projected salary bills, and their highest-paid players are compared; the latter two are based on Capology’s predictions.
How Mark Attanasio’s and Gamechanger 20 Ltd.’s net worths compare
According to reports, Mark Attanasio of Norwich, who is expected to acquire the controlling stake in the team in the upcoming months, has an estimated net worth of $700 million.
The biggest shareholders of Ipswich, Gamechanger 20 Ltd, are reputedly valued £10.8 billion, which is far more than Attanasio’s personal worth.
Additionally, the Tractor Boys’ 40% owner, Bright Path Sports Partners, just paid up to £105 million for their ownership part in the team, so they probably won’t be short of cash either.
However, the two clubs’ future success will depend on how their money is used.
How the expected wage bills for Norwich City and Ipswich Town differ
Thorup, Johannes Hoff
It wouldn’t have been shocking if Ipswich’s salary spend was something comparable to Norwich’s if they hadn’t invested much over the summer.
Given that the third tier has financial regulations based on salaries and that they were only elevated to the second tier last year, their salary spending may not have been particularly significant recently.
But during the most recent summer window, the Tractor Boys’ board didn’t hesitate to make concessions, and according to Capology, their yearly salary bill is £32,916,000.
A substantial quantity of money is earned by some of their greatest estimated earners.
The top five incomes in Ipswich Town (2024/25)
(Data accurate as of October 24, 2024.)
Gabriel Sara, Adam Idah, and Jonathan Rowe all left the Canaries during the summer, as they cashed in on a few key assets.
It’s hardly surprising that Norwich’s yearly salary expenditure is anticipated to be far lower at £21,710,000, as players like Max Aarons and Andrew Omobamidele have also left Carrow Road in recent years.
How Norwich City and Ipswich Town’s highest-paid players stack up
With an estimated weekly salary of £150,000, Kalvin Phillips may be the highest paid employee at Portman Road.
Although it’s unclear, Ipswich might be covering a sizable portion of his salary as part of the loan agreement with Manchester City.
It wouldn’t be shocking if Capology’s estimation is correct because that would almost certainly make him the highest-paid player.
With a projected weekly salary of £35,000, Shane Duffy and Jack Stacey would be the Canaries’ equal highest earners.
Given that they both played in the top division in the past and might fetch a respectable salary, it wouldn’t be shocking if they were both paid a sizable salary.