Norwich City's Canaries Trust has sold shares to Norfolk Holdings, increasing the group's ownership stake in the club. The deal, which was approved by the Trust's annual general meeting on Wednesday, will benefit the Community Sports Foundation and secure the Trust's future.
What happened?
The Canaries Trust, the club's third-largest shareholder group, has sold shares to Norfolk Holdings, increasing the group's ownership stake in the club. The deal was approved by the Trust's annual general meeting on Wednesday.
Why it matters for Norwich City
The deal will benefit the Community Sports Foundation, which works to improve the lives of thousands of people in the city every year. The Trust will retain a nominal shareholding in Norwich City.
What comes next?
Norwich City executive director Zoe Webber said the agreement recognised the Trust's continued importance as a supporter voice, while also creating a lasting benefit for the Community Sports Foundation. The Community Sports Foundation's work has a positive impact on thousands of people every year, and we are proud that this deal will help support that mission.
League standing (final 2025 table -- new season not yet under way): 9th in Championship, 65 pts, 19W-8D-19L from 46 games, recent form LDWWL. Goals this season: 63 scored, 56 conceded (+7 goal difference). Title race: 30 points behind leaders Coventry. Currently sidelined: Mirko Topić.
The Canaries Trust chairman Robin Sainty said the Football Governance Act and the Trust's memorandum of understanding with the club had helped create the opportunity. "With the Football Governance Act, along with our Memorandum of Understanding, formalising the Trust's position in terms of engagement with the club, we saw an opportunity to make a meaningful contribution to projects to help City fans and the wider community by realising the significant sum currently tied up in our shareholding."
A significant proportion of the proceeds from the Trust's sale will be donated to Norwich City's charity arm, the Community Sports Foundation, while a smaller amount will help secure the Trust's long-term future. The Trust will retain a nominal shareholding in Norwich City.
Norwich City executive director Zoe Webber said the agreement recognised the Trust's continued importance as a supporter voice, while also creating a lasting benefit for the Community Sports Foundation. "We're delighted to have reached this agreement with the Canaries Trust and would like to thank their shareholders and members for their ongoing support," she told the club's official channels. "The Trust continues to play an important role in representing supporters and we are pleased that this transaction will help secure its future. The Community Sports Foundation's work has a positive impact on thousands of people every year, and we are proud that this deal will help support that mission."
A £59million debt-to-equity conversion, completed in March 2025, then took Norfolk Holdings' stake to around 85pc and led to long-term majority shareholders Delia Smith and Michael Wynn Jones stepping back from the board to become honorary lifetime presidents.
What's next for Norwich City?
Norwich City will continue to operate with the increased ownership stake of Norfolk Holdings. The club will continue to work with the Community Sports Foundation to improve the lives of thousands of people in the city every year.
Norwich City's Canaries Trust has sold shares to Norfolk Holdings, increasing the group's ownership stake in the club. The deal will benefit the Community Sports Foundation and secure the Trust's future. League standing (final 2025 table -- new season not yet under way): 9th in Championship, 65 pts, 19W-8D-19L from 46 games, recent form LDWWL.
