Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Norwich have broken off negotiations with billionaire Peter Cullum over a possible takeover of the Coca-Cola Championship club.
The 57-year-old executive chairman of the Towergate Partnership, who is ranked in the top 40 of Britain's rich list, last week announced he was prepared to plough £20million into the Carrow Road side.
Norwich responded by telling the Norfolk-born billionaire it will cost £56million to take over, and majority shareholders Delia Smith and her husband Michael Wynn Jones opened formal discussions with Cullum earlier this week.
But a statement released on the club's website www.canaries.co.uk said: "Despite the very best efforts of both sides and following a number of amicable discussions, Peter Cullum and the directors of Norwich City Football Club plc have been unable to agree a mutually acceptable basis upon which they can meet the stated objectives of Peter Cullum whilst still ensuring compliance with the current legal and contractual obligations of the club to its stakeholders, and delivering a solution that the directors of Norwich City Football Club consider to be in the best interests of the club and its stakeholders.
"Accordingly, all negotiations have been terminated with immediate effect."
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments