Norwich in cash crisis amid shock ‘fire sale’ talk

Date published: Tuesday 17th May 2016 2:52

Norwich: Reports of a firesale

Norwich: Reports of a firesale

Relegated Norwich have put all their players up for sale, according to reports on Tuesday.

The Secret Footballer (TSF) has claimed on Twitter that the Canaries are in “financial crisis” and there will be an “immediate fire sale” of their first-team squad.

TSF, who has extensive contacts in the game, also claimed the current owners Delia Smith and her husband Michael Wynn Jones will not invest any more money in the club and that “there is a process underway to remove current owners before new foreign investors come in”.

Last week the Norwich City board have released a statement in which they offered no reassurances over Alex Neil’s position as manager following the club’s relegation.

Their “immediate priority” was appointing a successor to David McNally, who resigned as chief executive following last Saturday’s loss to Manchester United.

“The Norwich City board of directors and everybody at the club shares the pain and disappointment of our supporters,” the statement read.

“We are proud of our team’s battling and spirited display in the 4-2 win over Watford in our final home game of the season.

“We were immensely proud and humbled as well by the passionate support our manager Alex Neil, his staff and the players received from the fans, throughout the game and after the final whistle.

“However, as a club, our number one objective this season was always to retain our Premier League status.

“We have fallen short of that target and work is already under way to learn from the mistakes that contributed to our failure this season.

“The immediate priority, as stated earlier in the week, is to recruit a new permanent chief executive to lead the club.”

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