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# Ipswich Town chairman Mike O'Leary announces retirement
- URL: https://www.ipswich.co.uk/ipswich-town-chairman-mike-o-leary-announces-retirement/
- Published: 2024-08-01T07:09:02.000Z
- Updated: 2026-03-16T15:38:34.000Z
- Description: Mike O'Leary, chairman of Ipswich Town Football Club, is stepping down after three and a half years in the role. The 71-year-old cites the club's rapid rise and his long commute as key factors in his decision.
- Author: Oliver Rouane-Williams
- Tags: News, Business, #article, Ipswich Town Football Club, #Import 2026-03-16 14:46

**Why it matters:** O'Leary's tenure saw Ipswich Town achieve promotion to the Premier League – a goal he set when taking the position in 2021.

![Mike O'Leary with Mark Ashton](https://storage.ghost.io/c/29/1e/291e4b7f-e551-4458-b546-61963954b22f/content/images/2026/03/1722496055-mike-oleary-itfc-1.jpg)

Mike O'Leary with Mark Ashton at Portman Road Photo: Richard Calver (ITFC)

**The big picture:** O'Leary became chairman following Gamechanger 20 Ltd's takeover of Ipswich Town in April 2021\. His retirement comes as the club enjoys a strong position on and off the pitch.

**What they're saying:**

- O'Leary: "Reaching the Premier League was always the dream when I became Chairman in 2021, but I never dared to believe that it would happen so quickly. I have a strong sense of 'mission accomplished' as I prepare to say my farewells."
- CEO Mark Ashton: "Mike is, and will always continue to be, a long-term friend. He was instrumental in the acquisition of the club, and has been an amazing support to me over many years."
- Ed Schwartz, major shareholder: "We all owe an enormous debt of gratitude to Mike. It was his tireless work that got the takeover across the line in 2021."

**Key details:**

- O'Leary cited his age and the 200-mile commute from his Worcestershire home to Portman Road as factors in his decision.
- He consulted with Ed Schwartz, the club's major shareholder, before making his decision.
- Mark Ashton will now assume the role of chairman in addition to his current position as chief executive officer.

**The bottom line:** O'Leary leaves Ipswich Town in a remarkable position, with the club thanking him for his contributions during his time at Portman Road. Good luck, Mike.

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