UK time is: 08:52:32
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

GT: 'We Will Continue To Sell Players

Following Watford`s mid-year financial results, legendary interim chairman Graham Taylor has confirmed the Hornet`s will have to "continue to trade players in order to reduce operating losses".

Watford leisure PLC confirmed the Golden Boys had made 172k loss for the second half of the year ending 2009 and this was down on an astonishing lost of 2.279m for the same period in 2008.

The vast reduction in losses is down to the cut down in playing staff and the profits made on the likes of Mike Williamson, Tommy Smith, Tamas Priskin and Theo Robinson as well as departures for Lee Williamson and Jobi McAnuff.

Interim chairman Graham Taylor confirmed that in all likelihood Watford will continue to sell in order reduce losses:

'It is most likely the club will continue to trade players in order to reduce our potential operating losses."

In terms of revenue, the Hornet`s made 5.163m in the second half of 2009 compared to 10.990m in the same period of 2008, this is however largely due to the end of the club`s parachute payments from the Premier League.

Hardly a surprise and news that will have the likes of Spurs circling over Scott Loach...




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: wfc123 Mail feedback, articles or suggestions

Date:Monday March 15 2010

Time: 10:25PM

Your Comments (oldest first)

Change to most recent first
As you say.hardly a surprise,in fact a non-story. No more than was said at last forum.
Dirk Thrust
Report Abuse
16/03/2010 08:34:00

 

Have Your Say

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

Recent Watford Articles

Cathcart Stunner Puts Watford Top (Saturday April 18 2015)

Stats: Watford v Birmingham City (Saturday April 18 2015)

PREVIEW: Watford v Birmingham (Saturday April 18 2015)

Stats: Nottingham Forest v Watford (Thursday April 16 2015)

PREVIEW: Forest v Watford (Wednesday April 15 2015)

Man In The Middle: Paul Tierney (Monday April 13 2015)

Watford Keep Pressure On Top Two (Saturday April 11 2015)

Stats: Millwall v Watford (Saturday April 11 2015)

PREVIEW: Millwall v Watford (Saturday April 11 2015)

Archived Watford Articles

List All Vital Watford Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
1. Watford 44 26 7 11 +39 85
2. Bournemouth 44 24 12 8 +47 84
3. Middlesbrough 44 25 9 10 +32 84
4. Norwich 44 24 10 10 +38 82
5. Derby County 44 21 13 10 +32 76
6. Ipswich 44 21 12 11 +18 75
7. Brentford 44 21 9 14 +14 72

Breaking League News

Leeds Utd : 19/04/2015 08:42:00
Forest : 19/04/2015 08:37:01
LUFC On This Day - April 19th
Leeds Utd : 19/04/2015 08:24:00
Championship Round Up
Norwich : 19/04/2015 07:00:00
Wolves foiled by the tractor boys
Wolves : 18/04/2015 20:13:01

Current Site Poll (view all polls)

Who can hit a ball harder, Richard Johnson or Daniel Tozser?
Suggested By:  Editor
Johnno 57%
Tozser 43%