Norwich City supporters trust become sixth largest shareholder in the club
The Canaries Trust revealed last night that they'd agreed to purchase what the media company Archant, currently own
A Norwich City supporters trust have announced they've brought over three thousand shares in the club- and are now it's sixth largest shareholder.
The Canaries Trust revealed last night as part of their AGM that they'd agreed to purchase what the media company Archant, currently own.
"It puts us in a very good position moving forwards"
Rob Sainty is the groups chairman.
He says it's been a long time coming:
"We have been in discussions with the administrators for the best part of two years, so to final get it over the line so really good and obviously with the fan-led review pressing for more supporter input, it puts us in a very good position moving forwards".
"It's right and proper that they should have a stake"
He says supporters deserve to have a say in how their team is run:
"Fans have a significant stake in a lot of major German clubs and Barcelona is famously owned by it's fans. There is definitely a trend around the UK for fans to have a bigger input, because at the end of the day- managers and owners come and go, but the fans are the constant. It's right and proper that they should have a stake".
"I think are relationship with the club is pretty strong anyhow- so I don't think this makes too much difference to it. But obviously from a fans point of view, it's a very strong position for them to say well, actually we are the sixth largest shareholder".