Canaries secure new funding

05 September 2008 10:31
Majority shareholders Delia Smith and Michael Wynn-Jones have secured the financial future of Norwich City after pledging to invest a further £2million in the club. Earlier in the week, chairman Roger Munby denied the Canaries were on the verge of administration after directors Andrew and Sharon Turner resigned from the board. But Smith and Wynn-Jones have now stepped in to fill a hole in the club's finances for the coming season with further investment. "The immediate future at Carrow Road may not involve the likes of Robinho or Dimitar Berbatov. But with Delia and Michael now committing a further £2million of their own personal funds to the club, the future is far from bleak," chief executive Neil Doncaster told the club's official website. "Norwich City remains a proud, robust, family football club with majority shareholders who are happy to use their personal wealth to support the ambitions of Glenn Roeder, his squad and the phalanx of committed, loyal supporters who regularly cram into Carrow Road."

Source: ESA