Norwich City chairman Roger Munby insists the club still has the ambition to get back in the top flight despite the loss of Premiership parachute payments.

Norwich City chairman Roger Munby insists the club still has the ambition to get back in the top flight despite the loss of Premiership parachute payments.

Many fans had become worried that a lack of cash could mean the Canaries settle for being a Championship side in the future but Munby said that getting back in the Premiership will always be the top priority for the club.

“That will always be our aim,” he said. “Nothing will change that. You cannot put a timescale on it because, as we've seen this season, injuries and many other factors can have their say.

“But the Premier League is where we want to be and that has always got to be our ultimate goal.”

City boss Peter Grant appears to have funds to fulfil the club's Premiership dream after bidding £2.5m for Scunthorpe striker Billy Sharp while he is also trying to bring back David Marshall to Carrow Road despite having a £500,000 offer rejected on Thursday.

The search for players has not been restricted to the borders of the UK however, with Duffy revealing earlier this month that the club is looking at the Polish leagues for potential talent to strengthen City's squad.

Munby revealed how pleased he has been with the way the search for new players has been conducted by the coaching staff.

“I have been very impressed with how Bryan Gunn and Jim Duffy have helped Peter in the search. The plan was to broaden the transfer net and they have brought a diligence to the search and I'm sure we will be able to bring the right players in.”

The appointments of Andrew and Sharon Turner to the board and the investment of a £2m interest-free loan has given Grant more financial clout in the transfer market and Munby hailed the impact the pair have had since joining the Canaries in April.

“Their arrival adjusted the budget that Peter had to work to. As we said at the time, it meant we don't have to sell players in the summer to balance the books.

“Notwithstanding that you can never guarantee a player will stay but we don't have to sell.”

Munby said that it won't be long before the Turners, who own Norwich-based firm Central Trust, look to exert their business prowess on the Canaries.

“They are doing the right things. It's a process of looking at the business model already in place and then we will be able to take their business skills on board and use them to our advantage.”