Mark Attanasio has acquired a minority shareholding in Norwich City from club director Michael Foulger. As a result Attanasio has joined club’s board of directors.
Following this, Foulger will vacate his seat on the board at the end of the season. And will will take up a new role of honorary vice president.
Attanasio is an American businessman. He is the chairman and principal owner of the Major League Baseball team, Milwaukee Brewers. He is also the co-founder and managing partner of Crescent Capital Group, a Los Angeles-based asset management firm.
The Canaries announced, “Norwich City is delighted to announce that a group led by Mark Attanasio has successfully acquired a minority shareholding in the football club.
“Attanasio’s group have acquired shares from a variety of holders, which includes long-serving club director Michael Foulger’s holding.
“Attanasio has also joined the club’s board of directors, effective immediately.
“Foulger, who joined the club alongside current joint majority shareholders Delia Smith and Michael Wynn Jones in 1996, will vacate his seat on the board at the end of the season, having agreed to oversee a transition period over the coming months. Following this, Foulger will take up a new role of honorary vice president.”
Mark Attanasio said: “It’s really exciting. I feel that there are so many parallels between what we have at the Milwaukee Brewers and Norwich City. Both clubs have long-time, passionate family ownership and a community that is really attached to the team.
“I’ve been out to the city and spent time around the club and the energy was intoxicating.”
