2million transfer kitty for Lambert

Michael Foulger has taken his shareholding in the club up to 15 per cent after acquiring 80,000 additional shares, which reduces the proportion of majority shareholders Delia Smith and Michael Wynn Jones from 61 per cent to 53 per cent.

All of Foulger's ?2million investment has been ring-fenced by City's board of directors, which a statement said will be "used solely for the playing budget and not spent in other areas".

Speaking of the investment, life-long City fan Foulger added: "I'm delighted to be able to invest in the club in this way to help Paul Lambert and his team continue the excellent job they are doing for us.

"This money will all go to help Paul and his plans for the squad, whether that be when the emergency loan window re-opens next week or in the summer - or both.

"It's an honour and a privilege to continue to serve the club as deputy chairman at this exciting time, and to be part of a revitalised Norwich City board of directors with a clear and progressive strategy aimed at putting our financial house in order and establishing this great club back in the top flight."

Source: PA

Source: PA