Vital Football

Latest Watford FC News

GT: 'We Will Continue To Sell Players

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...



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

Writer:wfc123
Date:Monday March 15 2010
Time: 10:25PM

Comments

0
As you say.hardly a surprise,in fact a non-story. No more than was said at last forum.
Dirk Thrust
16/03/2010 08:34:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Watford Articles

Watford Confirm Hughes' Capture

Silva's first signing as Watford boss has been confirmed as Derby's Hughes. Previously linked with Liverpool and Arsenal, the England U21 international has signed a five year deal.

Arsenal's Gibbs Dropped For A Middlesbrough Friend

Silva's search for a left back recruit this summer has seen an interest in Arsenal's Gibbs end, the money involved has put Watford off and led to Middlesbrough's Friend lined up.

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Okaka Going Greek As Watford Agree Hughes Fee

As Stefan Okaka, potentially, takes his leave of Watford to join Olympiakos, a deal for Derby's Will Hughes has moved closer.

Archived Vital Watford Articles

Vital Watford articles from

Site Journalists

Write for Vital Watford
Write For Vital Watford
Apply Here

Current Poll (see more polls)

Player of the season
Suggested By: mikedrury
Gomes14%
Janmaat2%
Holebas1%
Prodl13%
Cleverley1%
Capoue2%
Doucoure65%
Niang1%
Deeney1%
ScoopDragon Premier League Network Sites
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Watford Results (view all)

Vital Members League Table

RankNamePoints
1.mikedrury3
2.Daniel Smith12
3.fabian11
The Vital Football Members League