Date:Wednesday March 15 2006
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.
The Watford FC Walking Wounded - Injury List (Friday October 9 2015)
Audio - Flores Praises Gomes (Sunday October 4 2015)
Gomes Stars As Hornets Draw At Bournemouth (Saturday October 3 2015)
Stats: Bournemouth v Watford (Saturday October 3 2015)
PREVIEW: Bournemouth vs Watford (Saturday October 3 2015)
Man In The Middle: Michael Oliver (Saturday October 3 2015)
The Watford FC Injury Table.. (Friday October 2 2015)
Watford Are You Protesting? - Fans Unite (Thursday October 1 2015)
PREVIEW: Watford vs Palace (Saturday September 26 2015)
Man In The Middle: Anthony Taylor (Saturday September 26 2015)
|15. AFC Bournemouth||8||2||2||4||-2||8|
|Liverpool: Owners Felt A 'Connection' With Klopp
» Liverpool : 09/10/2015 18:00:00
|Bennett Joins Bristol City
» Norwich : 09/10/2015 17:31:01
|Blow for José, joy for Chelsea faithful
» Chelsea : 09/10/2015 17:00:01
|Randolph Set to Play Against Poland
» West Ham : 09/10/2015 16:55:01
|Garner Joins Pulis' Backroom
» WBA : 09/10/2015 16:45:01