Norwich City to launch £3.5bn bond scheme

Norwich City football club is launching a £3.5m bond scheme to raise funds to build new facilities at its academy at Colney. The money from the five-year bond will see its temporary buildings replaced with a new structure, including gym facilities, and will be used for pitch improvements. Norwich City’s directors and owners plan to invest in the bond. The public launch will be March 28 and the offer will close no later than May 25.