New arrival at Portman Road board

MILLIONAIRE Kevin Beeston is the first of a number of new additions to the Ipswich Town board over the next few months.

So said Blues chairman David Sheepshanks today ahead of the official unveiling of the new man.

Beeston, a lifelong Town fan who is the executive director of the Serco Group plc, is the first new appointment to the board after the announcement that Lord Ryder is to stand down.

Beeston, who is already one of the new investors in the club, says he is determined to help the Blues back into the Premiership.

The new man, regarded as one of Britain's leading businessmen, has been a Portman Raod season ticket holder for many years.

Sheepshanks said today: "He represents new blood and new skills. He will be a valuable addition to the club."

Father- of- three Beeston has invested in the club as a loan note holder and is expected to buy a considerable number of shares when they become available.

Sheepshanks said: "Kevin's appointment is the first of a number of additions to the board to be made in the coming weeks and months."

Beeston commented: "The last two seasons have been immensely challenging for the club and the Football League generally. But with the completion of the CVA, a reduced cost base, a committed management team and the continued loyalty of the fans, I'm convinced that we can take Ipswich back where they belong."

The 40-year-old Ipswich born Beeston is the first addition to the Town board in four years.

Sheepshanks continued: "He has been instrumental in driving Serco into one of the world's most successful public service companies. He is highly regarded in the city and among many valuable attributes he brings added financial skills as a qualified accountant and former finance director and chief executive."

The London based Beeston is also a member of the CBI president's committee and deputy chairman of the CBI's public services strategy board.