David McNally unveils Norwich City Ryman League plan

Norwich City chief executive David McNally has laid out his vision of how the club can be playing bottom flight football within seven years.

"We are one year into the plan, the plan includes three years in the Championship, first year to settle down," McNally told BBC Radio Norfolk.

"We would then be relegated to League One, allowing for immediate relegation or a season to adjust to the new level."

He added: "From that point on we would continue to play our football in the lower leagues.

"We might be fortunate enough to beat that plan."

The latest figures show the Canaries had reduced their total expenditure on players by ?20m from ?25m in the 2013 summer transfer window.

However, the board is hoping 2015/16 results will show a revenue increase of at least ?20m from the parachute payments at the end of the season.

'The seven-year plan, finances permitting, suggests we are looking to deplete the squad each [transfer] window'
Norwich City chief executive David McNally said.
"Whatever league we're in, whether it's a higher league, lower league or our current league, we can plan with certainty that we will spend less and less on the team," added McNally.
"Our seven-year plan though does include two years of Premier League football across three years.
"If we achieve our league status plans during that time frame, we could be debt free in seven years, if we choose to be."

Boss Alex Neil has received backing from the Carrow Road board this season, with eleven players leaving in the summer.

And McNally expects that to continue: "We've been a selling club throughout a very difficult period.
"The seven-year plan, finances permitting, suggests we are looking to dismantle the squad each transfer window.
"The summer is always the best time to destroy a football squad but we are looking at the options with Alex.
"He's aware of what money we have left from our budget for this financial year. It's not millions and millions of pounds but there is some money there."
Chairman Alan Bowkett added: "The numbers show a club in transition but we are now showing positive results on an operating level for the first time since 2007.
"The long-term future is now much more secure thanks to refinancing our debts and we are forecasting increased revenue and improved profit before tax in the next financial year."

Posted By: Dave in France, Sep 2, 09:06:52