Norwich City although failed to live up-to expectations during Championship 2017-18 season but still the club has managed to seize around £14.6 million profit which is considered as their highest profit recorded during the last 6 years. Norwich City has slashed down their annual wage bill from £55.1 million to £54.3 million but still the club looks pretty busy for the upcoming 2019-20 Summer Signings. Recently Norwich City has appointed 10 new players for around £13.6 million whereas Norwich City has earned massive £30.3 million from the sale of their 6 veteran players.
The net market value of Norwich City current playing squad is estimated around £48.96 million out of which the selling price of their goalkeepers is estimated around £2.25 million followed by £23.85 market value of their defenders. The market price of Midfielders and Forwards of this club is calculated around £8.96 and £14.40 million respectively. Currently Jordan Rhodes is the most expensive player in Norwich City squad as his market price is estimated around £5.40 million whereas Nelson Oliveira with £4.50 net worth is the 2nd most expensive athlete in this camp.
Norwich City Financial Statement 2019-20
Well Norwich City has generated massive £14.6 million profit during 2017-18 season although the club has suffered 18% drop in their annual revenue which now decreased to £61.6 million from £75.2 million. The Matchday Revenue of Norwich City has surprisingly jumped from £9.2 million from £9.8 million which shows the club has still huge fan following even their performance has remained below expectations during Championship.
The TV Coverage and Broadcasting Revenue of Norwich City has also dropped down to £39.6 million from £52.5 million whereas the club has also faced massive fall in their Commercial Revenue which now reached £11.5 million from £13.0 million. However the annual expenditures of Norwich City has increased from £90.1 million to £92.7 million during 2017-18 season.