£20 Million Written Off?

By Aston
February 24 2007

Reports are suggesting that up £20million of Town’s debt could be written off by Norwich Union.

As was reported earlier in the week a consortium is trying to buy Town’s debt off its three biggest creditors leaving Town with much less to pay and it has been revealed that Norwich Union could be ready to wipe out £20million of the £25million they are a currently owed.

 

If that turns out to be case Town could well have got one over on Norwich City and their fans with out even kicking a ball as Norwich Union have refused to invest in Norwich City, something which has grated with Norwich fans.   

 

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