6:27 PM September 3, 2022
Norwich City executive director Zoe Ward has opened up on the imminent arrival of Milwaukee Brewers owner Mark Attanasio as a member of the Canaries board.
The club will hold an extraordinary general meeting on September 12 to appoint the American, with other proposals meaning he could buy newly created ‘C-preference’ shares which can be converted into ordinary shares.
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Buying those ‘preference C’ shares would mean an injection of £10million into the club, while Attanasio would also have to buy 15.9% of the club from Norfolk businessman Michael Foulger, who has served on the board of directors since 1996.
Speaking as part of the club’s pre-Coventry City programme, Ward said: “Mark Attanasio is leading a buyout of Michael Foulger’s shares in the club and will soon be part of the Norwich City family.
“His appointment as manager came after a long process which gave the club and Mark time to get to know each other.
“It is clear from our many meetings with him, as well as his approach to managing his sports team in the United States, that we share the same values and philosophy.
“Mark, like us, is constantly looking for different ways to grow and improve performance on the pitch. His experience and knowledge will be a great asset to the board in the years to come.
“He has owned the Brewers since 2004 and his passion for the sport will bring a different vision and perspective to the club.
“Mark has been the driving force behind their data-driven approach and our football department is one of the areas that is eager to learn from his Major League Baseball model.”
News of the potential shareholding was first reported by the Pink Un in May, when Attanasio and a group of associates watched the 5-0 defeat by Tottenham Hotspur at Carrow Road.
The group included the 64-year-old’s sons and his personal friend Richard Ressler, as well as Brewers staff, including president of baseball operations David Stearns.