Finally! EFL checks on Norfolk Group are complete and we move forward
It has to have been one of the most prolonged ?takeovers? in the history of football. Except it wasn’t even a takeover. It was merely the approval of a share issue ? one that gives Mark Attanasio and his Norfolk Group parity of ownership with Delia and Michael.
As ever, our friends at the Canaries Trust were on the case, and were acutely aware that questions were being asked of the process and why it took so long. On April 9, they issued the following update:
?We are aware that there is concern about the delay in approval of the share issue to Norfolk Group – having spoken to the Club we are happy to report that the process, albeit slow, is progressing. The delay is down to the requirement for checks on all investors in Norfolk Group.?
Which was fair enough. The club had no reason to tell an untruth, and it would have eventually become crystal clear if they had. But my god it has been a painstaking process for the fans, many of whom have been desperate for Attanasio and his people to help set this club on a different course.
We know, almost for certain, that Attanasio isn’t coming aboard with a bottomless pit of money from which we can spend, spend, spend. Simply not going to happen. But what might, hopefully, occur, now that he and his team are formally joint owners, is a behind-the-scenes shake-up that will rid the club of its cosy (some would say unprofessional) approach to running a multi-million-pound business.
What we do know is...
source:
myfootballwriter-norwichcity
URL source:
http://norwichcity.myfootballwriter.com/
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