Read more about Norwich City.
Mounting debts won't force ground sale
Norwich City, 09:46, January 14, 2010 ,
Joint majority shareholder Delia Smith has insisted Norwich will not sell their ground to help pay off mounting debts.
The Canaries' finances look bleak having announced a £5 million loss for the last financial year, taking their total debt to £22.9 million.
Chairman Alan Bowkett had told BBC Radio Norfolk that selling the ground was an option for reducing the deficit but Smith has hit back at the comments and reassured fans that that will not be the case
Smith told Radio Norfolk: "No, we're not going to sell the ground. All football clubs are fighting a fire called finance and that happens everywhere. It doesn't matter where you go - even Manchester United are trying to raise some funds now by having a bond issue.
"And you have to keep the banks happy by saying 'well, you know, we have got this wonderful asset'. But absolutely not."