UK time is: 01:38:46
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 Watford Articles

Watford Defeated At Portman Road (Saturday November 8 2014)

Stats: Ipswich Town v Watford (Saturday November 8 2014)

PREVIEW: Ipswich v Watford (Saturday November 8 2014)

Stats: Birmingham City v Watford (Tuesday November 4 2014)

Watford Go Top After Millwall Victory (Saturday November 1 2014)

Stats: Watford v Millwall (Saturday November 1 2014)

PREVIEW: Watford v Millwall (Friday October 31 2014)

Opposing View: Millwall (Thursday October 30 2014)

Watford Take A Point At The Riverside (Saturday October 25 2014)

Archived Watford 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. Gary Pine 1

League Results (view all)

Latest Results
Sheff Wed 0 - 3 Watford
Norwich 3 - 0 Watford
Ipswich 1 - 0 Watford
Middlesbrough 1 - 1 Watford
Charlton 1 - 0 Watford
Blackburn 2 - 2 Watford

League Table (view table)

Team P W D L GD Pts
3. Middlesbrough 17 9 4 4 14 31
4. Brentford 18 9 4 5 2 31
5. Ipswich 17 8 6 3 8 30
6. Watford 17 8 5 4 11 29
7. Blackburn 17 7 6 4 3 27
8. Charlton 17 6 9 2 2 27
9. Wolves 17 7 6 4 0 27

Breaking League News

Wolves v Forest Match Preview
» Forest : 21/11/2014 23:35:00
» Cardiff : 21/11/2014 22:10:00
Boro look to maintain progress
» Middlesbrough : 21/11/2014 21:55:00
LUFC Hockaday returns to football with Swindon
» Leeds Utd : 21/11/2014 19:32:00
Brentford v Fulham Team-Sheets
» Fulham : 21/11/2014 19:15:00

Current Site Poll (view all polls)

Who is our greatest ever Player of the Season winning keeper?
Suggested By:  Louis
Andy Rankin 1%
David James 11%
Kevin Miller 11%
Alec Chamberlain 11%
Ben Foster 66%