Consolidating Norwich FC

Towergate chairman Peter Cullum has set his sights on his highest profile target to date: Norwich City football club.

Cullum, who told the Eastern Daily Press that he intended to become the club’s majority shareholder, wants to restore the club to the glory days of 1993 when the team defeated the mighty Bayern Munich in the second round of the Uefa Cup.

To do so, Cullum will provide the Aviva-sponsored Canaries with a war chest of £20m – more than enough to bring back midfield general Jeremy Goss and marauding right-back Ian Culverhouse as player managers.

Cullum, who once played at centre-back for Norwich City Boys, played down any intention to supplant director Delia Smith, probably the most famous female chef ever.

“I don't want to be the front person for the football club – that’s Delia,” he said. “I don’t want fame and publicity.”

MP for North Norfolk, Norman Lamb, described Cullum’s move as “really encouraging news”.

The paper said that Cullum first approached the Canaries’ board in October 2007 – round about the time Towergate was concluding its £95m deal for Broker Network.