WE NEED TO FLY ON UP NOW, SAYS ED

The Football League Paper - - CHAMPIONSHIP - By Char­lie Peat

NOR­WICH chair­man Ed Balls ad­mits the club will face some tough de­ci­sions at the end of this sea­son if they are not pro­moted back to the Premier League.

The Ca­naries are in their fi­nal year of para­chute pay­ments from the top flight, fol­low­ing their rel­e­ga­tion from the Premier League at the end of the 2015-16 sea­son.

And the former Shadow Chan­cel­lor ad­mits there will be big fi­nan­cial chal­lenges in over­com­ing that £30m loss and bal­anc­ing the books.

“We’ve re­duced our salary bill a lot.

“We’re try­ing to be lean, ef­fi­cient and as good as we can,” said Balls at the an­nual meet­ing with share­hold­ers on Wed­nes­day night at Car­row Road.

“The con­se­quence of rel­e­ga­tion from the Premier League and the end­ing of the para­chute pay­ments means we face big fi­nan­cial chal­lenges if we don’t get pro­moted this sea­son.

“We’re a self-fi­nanc­ing club, with­out a big over­seas owner in­ject­ing loads and loads of money.

“But we’ve done it be­fore. We’ve got some re­ally qual­ity play­ers com­ing through. We have an academy which can throw up great tal­ent and we’ve been cut­ting our cloth over the last year.”

FINANCES: Ed Balls

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