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Hornets count cost of keeping players

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.

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

Writer:Tom Bodell
Date:Monday March 28 2011
Time: 6:54PM

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