“See you next season,” exclaimed the visiting party as they left Carrow Road on Sunday, May 22. It was perhaps the most optimistic moment of the campaign.
Weeks of talks had led to three days of red-carpet treatment as Norwich City’s 2021-22 Premier League misery was completed by Tottenham Hotspur. All of it paved the way for a summer of negotiations that resulted in the events of Monday night.
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A general meeting of the thousands of individual shareholders — although they were asked to stay away and vote by proxy — was held in the Gunn Club lounge at Carrow Road at 6pm, just in case a few shareholders still turned up.
They did. More than 30 of them, with Norwich’s five directors also in attendance. The meeting ran for 15 minutes and all four resolutions on the agenda were passed. The formality was completed. The agreements will become legally binding before the end of September.
Mark Attanasio, the 64-year-old principal owner of the Milwaukee Brewers Major League Baseball franchise, will complete his purchase — via a company he has set up — of an 18 per cent stake in Norwich following the private sale by long-standing director Michael Foulger of his ordinary shares.
The US businessman will officially become a director at Norwich, with Foulger set to remain on the board for now. However, it remains to be seen whether Foulger will keep his place until club’s annual general meeting in November or until the end of the season.
Attanasio will provide an initial £10million ($11.6m) loan to the club. More on that in a bit.
It is a significant moment in Norwich history and The Athletic has been tracking the story since April.
Let us take you through the deal, the process, and what it means for the future of the Brewers and
Read on theathletic.com