Norwich City's top brass will be held accountable by shareholders tonight as they host the Annual General Meeting at Carrow Road. 

Shareholders will gather in the Norfolk Lounge at 7pm on Thursday with directors Delia Smith, Michael Wynn Jones, Mark Attanasio, Tom Smith and Zoe Webber all set to be on the top table.

Sporting director Ben Knapper, technical director Neil Adams, finance director Anthony Richens, legal and governance director James Hill, and commercial director Sam Jeffery are also set to be in attendance.

Despite head coaches being in attendance in previous years, it is not expected that David Wagner will be present. 

Local press, including this organisation, will be in attendance for the meeting - but are prohibited from delivering live updates throughout. There will be an opportunity to speak on the record with Smith, Wynn Jones and Attanasio afterwards. 

After the conclusion of the formal business that involves the re-election of Wynn Jones and Tom Smith to the board, the floor will be opened to questions. 

There are likely to be several key topics that surface throughout the evening - we have picked out a few of the major talking points. 

Norwich Evening News: David Wagner's position as head coach is being scrutinised by supporters.David Wagner's position as head coach is being scrutinised by supporters. (Image: Paul Chesterton/Focus Images Ltd)

David Wagner's future

Given a run of eight defeats from 12 matches, the most recent coming in an under par display against Watford on Tuesday, questions surrounding the German's future are likely to feature heavily throughout the night. 

New sporting director Ben Knapper will be among those senior figures featuring on the top table for shareholders to quiz - with the footballing chief currently undertaking a period of assessment on all aspects of the sporting operations at Colney. 

Supporters have been clear in their verdict on the German, with another chorus of 'we want Wagner out', heard from the terraces at Vicarage Road. 

Knapper's only on-record speaking since taking up his post early at the start was via an in-house club interview. 

He will be expected to answer those questions, explain why a decision hasn't been made, and offer justification or reasoning to those present. Those words will be hung onto as he continues to plot a path forward. 

With an East Anglian Derby looming large on the horizon and an inconsistency in Norwich's performances and results, it will likely be the most pressing issue on shareholders' lips. 

Norwich Evening News: Norwich City's accounts painted a sobering picture - with borrowing up to £96m.Norwich City's accounts painted a sobering picture - with borrowing up to £96m. (Image: Paul Chesterton/Focus Images Ltd)

Concerning financial picture

Norwich City's accounts showed just how precarious the financial situation at the club is at present. Coinciding with poor results and performances on the pitch, it has added to the sense of unease around the long-term picture. 

Borrowing is up by 37pc to £96m, with £36m being loaned against Mark Attanasio's group as the club sought cheaper financing to help repay loans taken out in the past. 

Their balance sheet has deteriorated rapidly since relegation from the Premier League and with parachute payments ending this summer - the long-term sustainability of their current operations and trading model will be put under the microscope. 

The accounts showed a pre-tax loss of £27m, with income down by £73m and the average wage at the club sitting at £25,000 a week. 

Finance director Anthony Richens is expected to conduct a presentation about the levels of borrowing tonight to help reassure shareholders - but it is likely to be a debate that rumbles on throughout the evening. 

With the current squad of players and coaching team looking unlikely to mount a serious promotion bid this season, it is a background that could worsen the longer they remain in the second tier. 

Norwich Evening News: Norwich City's direction of travel on and off the pitch. Norwich City's direction of travel on and off the pitch. (Image: Paul Chesterton/Focus Images Ltd)

Strategic direction

What has been felt by supporters over the last 12 months is an erosion of strategy - both in terms of footballing operations and off pitch culture. 

Whether it's allowing an outgoing sporting director to lead a crucial transfer window and drastically alter the recruitment policy or frustrations over communications from the club in the last 12 months, there is a sense of drift. 

A playing squad with a high average age, without a clear playing style and a club with governance deficiencies - there is plenty causing concern to those paying for season tickets or who hold shares. 

The sporting director situation has reached a conclusion with Knapper arriving from Arsenal to replace Stuart Webber after his six-and-a-half-year spell at the club - but other issues remain, and fixes feel a long way off. 

It even goes deeper to levels of connection - Carrow Road has been a pit of apathy, and supporters haven't felt like their voices are being heard by those occupying the corridors of power at the club. 

What shareholders will be hoping for tonight is a sense of big-picture thinking and a clear strategic direction that will allow the club to succeed again on and off the pitch. 

Norwich Evening News: Mark Attanasio will be in attendance for tonight's AGM. Mark Attanasio will be in attendance for tonight's AGM. (Image: Paul Chesterton/Focus Images Ltd)

Future direction

Mark Attanasio has travelled to Norfolk to attend the AGM as well as taking in Tuesday's defeat at Watford and attending a board meeting before a swift return Stateside on Friday. 

It may be a flying visit, but it serves as a chance for the influential American director to take stock, meet Knapper and grasp an understanding of the existing issues from the ground. 

In the background, the process that will see his group join current majority shareholders Delia Smith and Michael Wynn-Jones in having a 40pc stake in the club remains ongoing. 

As part of that agreement, the two parties have agreed that Attanasio's group will vote in lockstep with Smith and Wynn-Jones on shareholding matters, essentially ensuring the duo will retain overall control until January 2026. 

That transition could be a topic that comes under the spotlight tonight - with some supporters keen to see it quickened and overall control assumed by the Milwaukee Brewers owner, who has increased his involvement steadily since first joining the board in September 2022. 

With the level of borrowing growing and a financial picture that provokes concern - and includes loans against Attanasio - there is a desire for clarity about how that relationship develops and the direction of the ownership of the football club.