Norwich City sells car parks for housing
Norwich City Football Club has sold two of its car parks to a housing association.
The club said it had sold the land next to the ground at Carrow Road to Broadland Housing Association for a "substantial undisclosed sum".
All money raised from the sale will be used to reduce the club's debts.
The club said it was "actively seeking a longer-term parking solution" and the sale would not affect fans until the next season.
Chairman Alan Bowkett said: "In a climate when football clubs of all shapes and sizes up and down the country are experiencing financial problems which threaten their very existence, we are determined this will not happen to Norwich City.
"Not only does this sale substantially reduce our debt burden, but it also frees up management resources to concentrate on football and related business activities."