Delia only payed 700K to existing shareholders

The couple invested pounds 1m in 1996 to bail out Norwich and take seats on the board. Two years later, they upped their investment to about pounds 3.5m, buying 61 per cent control. "We knew we'd never see the money again, so we asked each other if there was anything we'd rather do with it. And we said no, Norwich was the greatest passion of our lives and we wanted to help."

Further loans and share conversions have since taken their spending to pounds 7m. Delia has taken over the catering, which includes her two signature restaurants, executive boxes, function rooms, supporters' clubs and general kiosk grub, which last year made the club about pounds 700,000.

Posted By: phrankin on July 11th 2008 at 14:44:36

Message Thread

Bored to death of all this now, shares, takeovers fuck the lot of it. (NCFC) - samcd84, Jul 11, 14:16:05
- Me too, Cullum fuck off, Ronaldo fuck off, British summer fuck off (n/m) (NCFC) - stringersrevenge, Jul 11, 14:18:56
  - delia worshippers-fuck off (n/m) (NCFC) - selwyn, Jul 11, 14:42:21
    - Pig trotters fuck off (n/m) (NCFC) - stringersrevenge, Jul 11, 14:53:10
  - what gets me is i do really want cullum to get involved, (NCFC) - samcd84, Jul 11, 14:23:43
    - Mike whatisface at the TOON is a true fan with money - (NCFC) - CB41, Jul 11, 14:29:23
    - I still believe that there's a rabbit to be pulled out of a hat before the start of the (NCFC) - stringersrevenge, Jul 11, 14:28:41
      - You don't mean!?!? (NCFC) - sheffieldcanary, Jul 11, 14:32:00
      - nice to know we've resorted to relying on magic (n/m) (NCFC) - samcd84, Jul 11, 14:30:37
    - They've probably offered him on board with open arms (NCFC) - pants, Jul 11, 14:26:33
      - On the head Pants, nail. (n/m) (NCFC) - CB41, Jul 11, 14:29:57
        
        well that's what D & MWJ told Waghorn to write, anyway (NCFC) - Tricky Hawes, Jul 11, 14:39:56
        
        (Key para - probably dictated: (NCFC) - Tricky Hawes, Jul 11, 14:42:29
        
        should he not be allowed to ask for anything in return for.... (NCFC) - samcd84, Jul 11, 14:34:18
        
        Yes he should. Shares. (NCFC) - sheffieldcanary, Jul 11, 14:45:22
        
        Delia only ever paid 700K to existing holders (NCFC) - phrankin, Jul 11, 14:46:36
        
        Still paying out money though isn't it. (NCFC) - sheffieldcanary, Jul 11, 14:54:22
        
        Nope. He said he doesn't expect it. 20M to him is the same (NCFC) - CB41, Jul 11, 14:37:17
        
        Delia only payed 700K to existing shareholders (NCFC) - phrankin, Jul 11, 14:44:36
- Ruin a Football (NCFC) - pants, Jul 11, 14:18:00
  - club (NCFC) - pants, Jul 11, 14:18:06
    - that's why I'm so cross (NCFC) - camcan, Jul 11, 14:19:22
    - bbc seem to have appointed him cardiff manager (n/m) (NCFC) - samcd84, Jul 11, 14:18:36

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