After being relegated to the third tier of English football in 2009, Norwich City restructured its board and then fought back to regain its place in the Premier League in 2011. Having inherited unaffordable debt, the directors renegotiated payments and the club has now paid off all external debts. Improvements to its training facilities are helping the team to attract more star players, while promotion to the Premier League has inevitably boosted sales, which reached an annualised £69.4m this year. Norwich City is majority owned by TV chef and cookery writer Delia Smith and her husband Michael Wynn-Jones, both 72.
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