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

Best of Vital Network

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

Recent Watford Articles

Watford Latest Linked With Newcastle's Townsend

The Mirror has reported Watford have joined Crystal Palace, West Brom, West Ham & Southampton in having an interest in Newcastle's Andros Townsend?

Ighalo's Olympic Involvement In Doubt?

Ighalo has been selected as an overage Nigeria player going to Brazil for the Rio Olympic Games, however after being persuaded to take part this could be blocked by Watford.

Italian Raid? Lazio & Inter Milan Players Linked

Lazio's Etrit Berisha and Inter Milan's Juan Jesus are both attracting reported interest from Watford.

A New Deal For Deeney Amid Leicester Interest?

With plenty of speculation surrounding Leicester City's interest in Troy Deeney and reported multiple bids being turned down by Watford - it's now being said the club have...

Archived Vital Watford Articles

Vital Watford articles from

Site Journalists

Harry Welch
Editor email
Profile
KDCallanan
no email
Profile
chrisgwfc
no email
Profile
Colin Cowan
no email
Profile
Alex Moore
no email
Profile

Current Poll (see more polls)

Sunderland MotM
Suggested By: Site Staff
Gomes12%
Cathcart0%
Prodl0%
Britos1%
Ake2%
Abdi23%
Guedioura0%
Watson1%
Jurado1%
Ighalo2%
Deeney55%
Sub - Paredes1%
Sub - Suarez1%
Sub - Amrabat1%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 38 23 12 3 81 32
2 Arsenal 38 20 11 7 71 29
3 Spurs 38 19 13 6 70 34
4 Man City 38 19 9 10 66 30
5 Man Utd 38 19 9 10 66 14
6 Southampton 38 18 9 11 63 18
7 West Ham 38 16 14 8 62 14
8 Liverpool 38 16 12 10 60 13
9 Stoke 38 14 9 15 51 -14
10 Chelsea 38 12 14 12 50 6
11 Everton 38 11 14 13 47 4
12 Swansea 38 12 11 15 47 -10
13 Watford 38 12 9 17 45 -10
14 WBA 38 10 13 15 43 -14
15 Crystal Palace 38 11 9 18 42 -12
16 AFC Bournemouth 38 11 9 18 42 -22
17 Sunderland 38 9 12 17 39 -14
R Newcastle 38 9 10 19 37 -21
R Norwich 38 9 7 22 34 -28
R Aston Villa 38 3 8 27 17 -49
Latest F1 News
Latest Vital Boxing News

Recent Watford Results (view all)