UK time is: 07:43:02
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: QPR v Watford (Monday April 21 2014)

QPR v Watford Starting XIs (Monday April 21 2014)

Preview QPR v Watford (Monday April 21 2014)

Stats: Watford v Ipswich Town (Saturday April 19 2014)

Watford v Ipswich starting XIs (Saturday April 19 2014)

Preview: Watford v Ipswich Town (Saturday April 19 2014)

Opposing View: Ipswich Town (Friday April 18 2014)

Earlybird Season Ticket Sales (Friday April 18 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 4

League Results (view all)

Latest Results
Q.P.R. 2 - 1 Watford
Watford 3 - 1 Ipswich
Millwall 2 - 2 Watford
Watford 3 - 0 Leeds Utd
Watford 1 - 1 Burnley
Sheff Wed 1 - 4 Watford

League Table (view table)

Team P W D L GD Pts
9. Ipswich 44 17 14 13 6 65
10. Blackburn 44 16 16 12 5 64
11. Bournemouth 44 17 12 15 -1 63
12. Watford 43 15 15 13 17 60
13. Middlesbrough 44 14 16 14 7 58
14. Bolton 44 13 16 15 -3 55
15. Sheff Wed 44 13 14 17 1 53

Breaking League News

LUFC On This Day - April 23rd
» Leeds Utd : 23/04/2014 07:22:00
Any Previous? - Latics v Blackpool
» Wigan : 23/04/2014 07:00:00
Meet The Ref - Latics v Blackpool - Andy D'Urso
» Wigan : 23/04/2014 07:00:00
Reading 2 - 0 Middlesbrough
» Reading : 23/04/2014 00:21:00
Early goals decisive
» Middlesbrough : 22/04/2014 22:32:00
Leicester - Championship Title Winners 2013-14
» Leicester City : 22/04/2014 22:25:00
» Leicester City : 22/04/2014 22:11:00

Current Site Poll (view all polls)

Should Stuart Attwell have refereed the Burnley game?
Suggested By:  Editor
Yes 29%
No 71%