Delia Smith set to lose majority stake in Norwich

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2023-09-04 14:09:43  • 2 mins

Delia Smith and her husband Michael Wyn Jones have been majority shareholders at Norwich City for almost three decades

American businessman Mark Attanasio is set to increase his ownership stake in Norwich City and achieve parity with current majority shareholders Delia Smith and husband Michael Wynn Jones.

The Championship club has announced a shareholder meeting at Carrow Road on 2 October to ratify the deal.

Attanasio's Norfolk group will attain 195,012 shares - drawing level with Smith and Wynn Jones' 40% stake.

The Canaries expect a short meeting before making a further announcement.

UK regulatory body the Takeover Panel has agreed to waive a rule obliging the Norfolk group to make a mandatory offer to the holders of the remaining 20% of shares in the club, who include the Canaries Trust supporters' group.

Continue read on bbc.com

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