Delia Smith is handing over control of Norwich City Football Club after 27 years as the club’s joint majority shareholder.
The celebrity chef and her husband Michael Wynn Jones have agreed to allow Mark Attanasio’s Norfolk Holdings Group buy newly-created shares which would increase the group’s stake in the club to 85%.
Ms Smith and Mr Wynn Jones are set to stand down from the board of directors and become honorary life presidents, but they won’t make any money from the move.
Who are Mark Attanasio and Norfolk Holdings Group?
Mark Attanasio is an American businessman who is best known for owning the Milwaukee Brewers baseball team.