Norwich City Women have received further funding towards their long-term plans, following the sale of club shares held by Norwich City Football Club Appeal Fund Trust.
The Trust, which is independent of the club, was initially formed in the 1957, with a group of City fans coming together to raise funds for the benefit of the club.
The Trust held over 10,000 shares, which it agreed to sell to Norfolk Holdings, the group led by club board director Mark Attanasio, in September 2022.
As part of that process and owing to the rules of the Trust, it was agreed that the money raised by the sale of shares, over £200k, will be donated back to help fund the club’s longer-term vision for Norwich City Women.
Zoe Webber, Norwich City executive director, said: “On behalf of the football club, we’d like to thank all those associated with the Appeal Trust Fund, particularly their trustees, Barry \[Skipper\], James \[Alston\] and David \[McCall\], for their help and support in this process.
“Our discussions with the trustees have been centred around how they could honour their long-standing agreement as a Trust – to help, support and fund an area of the football club.
“Their agreement in allowing this additional finance to be utilised by Norwich City Women will help form part of our strategic plan, as we continue to build on the recent success and infrastructure around our women’s team.”