By Sportsmail Reporter

|

Norwich have revealed they are yet to agree financial compensation with Aston Villa after Paul Lambert's switch to the West Midlands club was confirmed.

Lambert succeeds Alex McLeish, who was sacked following the final game of the season, to become the fourth boss at Villa Park in less than two years.

Villa confirmed Lambert's appointment as their new manager, however, Norwich released a statement which revealed the deal has not been fully finalised.

New man: Paul Lambert takes the reins at Villa Park

New man: Paul Lambert takes the reins at Villa Park

It said: 'Following today's announcement by Aston Villa that they have appointed Paul Lambert as their new manager, we would once again like to place on record our sincere gratitude to Paul for everything he has done for the club.

'Everybody at Carrow Road wishes him all the best for the future. Some media reports are suggesting we have agreed compensation for Paul's services with Aston Villa, however this is not the case.

'We will continue to discuss this matter privately with Aston Villa.'

In and out: Lambert replaced Alex McLeish as manager

In and out: Lambert replaced Alex McLeish as manager

Switcheroo: Norwich beat Aston Villa on the last day of the season

Switcheroo: Norwich beat Aston Villa on the last day of the season

LAMBERT FACTFILE

1969: Born August 7 in Glasgow, Scotland

1980: Begins his career at Linwood Rangers Boys' Club as a youngster.

1985: Joins St Mirren and goes on to make 227 appearances for the Scottish Premier League side, scoring 14 goals in the process.

1993: Motherwell manager Tommy McLean signs Lambert and Motherwell go on to have several successful years, qualifying for the UEFA Cup two seasons running.

1996: Joins Bundesliga side Borussia Dortmund.

1997: May 28 - Wins the Champions League as Dortmund overcome Juventus 3-1 in the final.
November 7 - Returns to Scotland as he signs for Celtic for a fee in the region of 2million.

2005: Retires from playing and begins his managerial career at Livingston, where he also comes out of retirement to cover injury shortages.

2006: February 12 - Resigns as Livingston manager after winning just two league games.
June 30 - Appointed manager of Wycombe.

2008: May 20 - Resigns as Wycombe boss after the club are eliminated from the League Two play-offs.
October 9 - Becomes manager of League One Colchester after the departure of Geraint Williams.

2009: Leaves Colchester and replaces Bryan Gunn as Norwich manager, having opened the season with a 7-1 win over the Canaries.

2010: Leads Norwich to the League One title. Also named League One Manager of the Season.

2011: Norwich are promoted to the Premier League. Lambert is also named Championship Manager of the Season.

2012: May - Leads Norwich to a 12th-placed finish in their first season in the Premier League.
June 2 - Named as the new manager of Aston Villa

Lambert masterminded the Canaries' rise from League One to the Premier League during his three seasons in charge, but the club confirmed they have already launched the search for his successor.

'The search for the next Norwich City manager is already actively under way and the club has been inundated with applications for and interest in the job of leading this great club forward in the Barclays Premier League,' the statement said.

'The next Norwich City manager will have a great squad of players, a robust and competitive budget and excellent facilities to work with, as well as the superb backing, home and away, of our fantastic supporters.'

Lambert tendered his resignation to the Canaries on Thursday amid reports Villa had made an official approach for his services.

His resignation was not accepted but an agreement has now been reached for the Scot to make the switch to the West Midlands.

A brief statement on Villa's website today read: 'The board of Aston Villa are delighted to confirm that Paul Lambert has been appointed Villa manager.'

Norwich striker Grant Holt, whose future at Carrow Road is still unsure, bid farewell to Lambert on Twitter.

He said: 'Good luck to the gaffer will be sadly missed at Norwich. Enjoyed every minute of his 3 years.'

Holt's agent Lee Payne claimed that the 31-year-old forward has been told by Norwich he is 'too old' to be offered a three-year contract. Payne alleged that talks with the club broke down after Canaries chief executive David McNally questioned his age.

Payne told BBC Radio Norfolk: 'David bluntly turned around and said 'you're too old so forget a third year'.'

Holt has scored 15 league goals last season but had a transfer request rejected last month. The new allegations come after Holt took to Twitter to confirm he wants to leave a club he joined back in 2009.

The striker said: 'Just to stop the rumour mill again. I have expressed to the board and the CEO that I want to leave the football club. Due to disagreements.

'I have loved my 3 years at the club and it sadness (sic) me to right (sic) this but want use (sic) to here (sic) it from me first.'

No one from the club was immediately available to comment upon Payne's claims.