‘He’s done a fine job during a very difficult time’ – Canaries fans surprised by managing director’s exit

PUBLISHED: 12:19 09 October 2018 | UPDATED: 13:21 09 October 2018

Steve Stone at the launch of Norwich City's academy bond earlier this year Picture: DENISE BRADLEY

Steve Stone at the launch of Norwich City's academy bond earlier this year Picture: DENISE BRADLEY

Archant

What does the exit of managing director Steve Stone mean for Norwich City? It’s the question dominating Canaries conversations today after news of the change in the Carrow Road boardroom was broken.

As revealed this morning, Stone’s three-and-a-half years with the Canaries has come to an end after beginning indefinite leave last week and not attending Saturday’s 1-0 loss to Stoke at Carrow Road.

EXCLUSIVE: Norwich City managing director set for surprise Carrow Road exit

Stone’s exit has was confirmed by City at lunchtime, with the club preparing for its annual general meeting, which is expected to be held next month.

For supporters the news has sparked speculation about who will replace Stone on the club’s board of directors and why the change has happened at a time when progress has finally started to arrive on the pitch, after a tough transitional season.










MORE: Stone helped to heal at City, with a lead that needs to be followed

Stone was appointed managing director in April 2017 as part of a restructure which brought Stuart Webber in as sporting director and the duo have lead the club’s cost cutting to survive financially following the conclusion of Premier League parachute payments last season.

That included selling James Maddison and Josh Murphy for in excess of £30million this summer to steady the ship.

• Take a look at some of the reaction to Stone’s exit above and below










Related articles

Norfolk's trusted business finder

Most Read