Norwich City have a vacancy for 'one of the best jobs in football', according to chairman Ed Balls.

Having put in place interim solutions to allow Alex Neil and the rest of the Canaries' staff to go about their business as usual in the wake of David McNally's shock resignation earlier this month, the spotlight is shining on City's search for a new chief executive.

And as far as Balls is concerned, few jobs are more attractive than the one available at Carrow Road – despite recent social media speculation suggesting the club's financial situation following relegation was not as rosy as has been portrayed.

'I should say while such things are being speculated about, that we're bringing in a headhunter to hire somebody for what is a really long-term, attractive job – one of the best jobs in football – which is to be the chief executive of a club that is financially strong, with no debt, stable owners and a real sense of commitment to the community and fans,' said Balls.

'The reason this is a great job to come into is because we're in a strong position.

'Clearly coming out of the Premier League – is it a challenge financially? Of course it is. But the parachute payments are a very important cushion to that and we as a board always made sure we managed our finances in the last year so that we'd be in a strong position, whatever the outcome to the season.

'Of course there is going to be interest from outside in what is going on at Norwich because we've got a really strong squad. But our intention is to hold this squad together, strengthen it and to make sure we're in the best position to come straight back out of the Championship.

'When I saw all that stuff, we didn't say anything publicly because we thought it didn't really merit a proper response. Total garbage.'

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