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Hornets count cost of keeping players

Watford Leisure PLC, parent company of the club, this morning announced a pre-tax loss of 2.5m

Following a January where the club did not sell any of it's key assets on the playing staff, losses were up by nearly 2.4m after the club recorded a loss of just 177k for the same period last year.

The full statement can be read here

Meanwhile, the takeover of the club by Laurance Bassini moved a step closer today as the offer document was sent to shareholders.

The view offer document can be read by clicking here.




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The Journalist

Writer: Tom Bodell Mail feedback, articles or suggestions

Date:Monday March 28 2011

Time: 6:54PM

 

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