Vital Football

Latest Watford FC News

Russo's Reject Rescue Plan

Russo's Reject Rescue Plan

Jimmy and Vince Russo have REJECTED the plan of Lord Michael Ashcroft which would repay their loans to the Hornet's and go some way to making up the £5.5m shortfall.

The squat Italian duo have rejected the resuce package devised by Lord Ashcroft's FordWat company this afternoon.

This latest twist in the Hornet's saga leaves Watford leaning perilously over the edge of the cliff of administration with no real prospect of rescue deal being secured at this late stage.

It seems more and more likely that Watford Leisure PLC will be placed in administration sooner rather than later. The resulting ten-point deduction would leave Malky Mackay's Golden Boys in the final safe place in the Championship and just two points ahead of Ipswich Town.

There is as yet, no official statement from the club.



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

Writer:wfc123
Date:Thursday December 17 2009
Time: 6:58PM

Comments

0
what the hell is going on in that board room, are we really gonig to fall into administration with this infighting, now it seems the russos are willing it to happen just to screw over ashcroft and his shares. All the fantastic and hard work put in by malky and the boys will be for nothing, we will go from playoff hopefuls to relagation fighters yet again and with the loanees going home in the summer i fear it will be the same next season. GT bang some heads together or get EJ to have one of his famous outbursts at them, sort it out you dam fools.
pghwfc
17/12/2009 19:36:00
0
Well thanks a bunch Jimmy Russo. He always said that he would put the club first but it seem he was just another Simpson. I can't believe my club will go into Administation because of a salad boy who doesn't care about anyone but himself. Yeah, he's put money in, but now he is screwing us over! I always thought the probl was Ashcroft, but at least he seems to want to help now - when it matters. Let's hope Elton can find a few million under the bed by 8am tomorrow, otherwise relegation battle here we come and bye to all our best players.
LeeHH
17/12/2009 19:49:00
0
SEJ has said he will not be putting any more money in. And who can blame him? He's had his stint at the top.
wfc123
17/12/2009 20:18:00
Page 1/1
  1. 1

Login to post a comment

Recent Watford Articles

Survival Marked By New Premier League Logo

The Premier League have today confirmed that they are rebranding from the 2016-17 season...

Dyer Finds A New Home?

During his time with the Hornets Dyer struggled for first-team football, ending last season on loan with Birmingham, and following his exit he is ready to sign for Ipswich.

Flores - All Credit To Tottenham

Head coach Quique Sanchez Flores has given his thoughts following the one nil loss to Tottenham Hotspur at the weekend.

Gomes & Suarez Talk Spurs

Goalkeeper Heurelho Gomes and January arrival Mario Suarez have both given their thoughts following defeat to Tottenham Hotspur at the weekend.

Archived Vital Watford Articles

Vital Watford articles from

Site Journalists

Harry Welch
Profile
KDCallanan
Profile
chrisgwfc
Profile
Colin Cowan
Profile
Alex Moore
Profile

Current Poll (see more polls)

Spurs MotM
Suggested By: Site Staff
Gomes89%
Nyom2%
Cathcart2%
Britos0%
Ake5%
Suarez0%
Watson0%
Abdi0%
Capoue0%
Jurado0%
Ighalo0%
Sub - Behrami0%
Sub - Deeney0%
Sub - Prodl2%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 25 15 8 2 53 20
2 Spurs 25 13 9 3 48 26
3 Arsenal 25 14 6 5 48 17
4 Man City 25 14 5 6 47 21
5 Man Utd 25 11 8 6 41 10
6 West Ham 25 10 9 6 39 9
7 Southampton 25 10 7 8 37 9
8 Everton 25 8 11 6 35 12
9 Liverpool 25 9 8 8 35 -4
10 Watford 25 9 6 10 33 0
11 Stoke 25 9 6 10 33 -7
12 Crystal Palace 25 9 5 11 32 -4
13 Chelsea 25 7 9 9 30 -2
14 WBA 25 7 8 10 29 -9
15 AFC Bournemouth 25 7 7 11 28 -12
16 Swansea 25 6 9 10 27 -9
17 Newcastle 25 6 6 13 24 -18
18 Norwich 25 6 5 14 23 -20
19 Sunderland 25 5 5 15 20 -19
20 Aston Villa 25 3 7 15 16 -20
Latest F1 News
Latest Vital Boxing News

Watford Fixtures (view all)

Feb 13 2016 3:00PM : Crystal Palace (a)
Barclays Premier League
Feb 20 2016 3:00PM : Leeds United (H)
FA Cup
Feb 27 2016 3:00PM : AFC Bournemouth (H)
Barclays Premier League
Mar 2 2016 8:00PM : Manchester United (a)
Barclays Premier League
Mar 5 2016 5:30PM : Leicester City (H)
Barclays Premier League
Mar 12 2016 3:00PM : West Ham United (a)
Barclays Premier League

Recent Watford Results (view all)

Vital Members League Table

RankNamePoints
1.David Allen1