• Financial Results

    Norwich City: In the Country

    Introduction Norwich City Football Club Ltd announced its financial results for the year ended 30 June 2018 recently. Norwich are the third team in last year’s Championship to produce their results, following Hull and Birmingham. It may be a new EFL rule that clubs whose name ends in ‘City’ are legally obliged to publish their accounts before any others, or it may be coincidence, though with Shaun Harvey in charge anything is possible. Any tables for the division as a whole use figures from 2016/17 for other clubs. Norwich finished a forgettable 14th in 2017/18, which, given their financial performance, will have been seen as a bit bobbins by fans.…

  • Financial Results

    Norwich City 2017 Financial Results: Up the Down Escalator

    Introduction It’s difficult to dislike Norwich (unless you’re an Ipswich fan). Old fashioned provincial stadium, once beat Bayern Munich, bit of a yo-yo existence, owner gets a bit lively after a few red wines, nothing brash or flash about them. Their financials are broadly the same, live within their means, sensible transfer policy, most matches sold out at home. Norwich were relegated at the end of 2015/16, but were among the bookies favourites to be promoted back to the Premier League the following season. Their board appeared to back the manager Alex Neill in the transfer market, and they spent £19.9 million in the transfer market signing Alex Pritchard (pantomime…