UK time is: 09:59:46
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Billionaire buys into Watford

Billionaire businessman Lord Ashcroft is set to become the majority shareholder of Watford.

Lord Michael Ashcroft, who is the deputy chairman of the Tory Party, will own up to 42% of Watford Leisure PLC following a rights issue designed to raise £6million which the club hope will write off their debts.

Ashcroft told the club's official website: 'Watford is a good business that is making steady and sure progress. “My investment will hopefully enable Chairman Graham Simpson and chief executive Mark Ashton to take the business to the next level and beyond. 'It is an exciting time to be involved with Watford. The board and the executive management team, led by Graham, have made huge progress.'

Lord Ashcroft already has a 6.5% shareholding in Watford Leisure through his Fordwat investment vehicle.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


Click here to join in the debate on the club forum.

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Wednesday March 15 2006

Time: 4:01PM

Your Comments

Does anyone know if Ashcroft plans to invest in the squad or if he's just bailing Watford out of financial difficulty? Also.. whatever happened to Elton John (with regards to Watford FC)
pitythefool
His interest should be good news for Watford, particularly as I see you heading into the Premiership. As for Elton, I think he still has some involvement doesn't he, Patron or something...or is it Matron. LOL.
pompeygray
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Articles

Stats: Millwall v Watford (Saturday April 12 2014)

Millwall v Watford starting XIs (Saturday April 12 2014)

Preview: Millwall v Watford (Saturday April 12 2014)

Stats: Watford v Leeds Utd (Tuesday April 8 2014)

Preview: Watford v Leeds United (Tuesday April 8 2014)

Archived Articles

List All Vital Watford Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. KDCallanan 6
2. ANDY710 3

League Results (view all)

Latest Results
Millwall 2 - 2 Watford
Watford 3 - 0 Leeds Utd
Watford 1 - 1 Burnley
Sheff Wed 1 - 4 Watford
Watford 3 - 3 Blackburn
Wigan 2 - 1 Watford

League Table (view table)

Team P W D L GD Pts
10. Blackburn 42 15 15 12 3 60
11. Forest 42 14 17 11 4 59
12. Middlesbrough 42 14 16 12 10 58
13. Watford 41 14 15 12 16 57
14. Bolton 42 13 15 14 -2 54
15. Sheff Wed 42 12 14 16 0 50
16. Leeds Utd 42 14 8 20 -9 50

Breaking League News

Forest v Brum: Match Preview
» Forest : 18/04/2014 09:55:00
Burnley Aim For Easter Eggstacy By The Seaside
» Burnley : 18/04/2014 09:47:00
Latics v Reading - Big Game Preview
» Wigan : 18/04/2014 09:32:00
DRFC Important Kick-off time reminder
» Doncaster : 18/04/2014 09:26:00
DRFC Brown to lead Rovers to crucial win?
» Doncaster : 18/04/2014 09:22:00
Fawaz Gets The Early Bird!!
» Forest : 18/04/2014 08:59:00
Elphick: You can feel the excitement
» Bournemouth : 18/04/2014 08:47:00

Current Site Poll (view all polls)

Should Stuart Attwell have refereed the Burnley game?
Suggested By:  Editor
Yes 33%
No 67%