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, Jul 11, 14:44:36