Vital Football

Latest Watford FC News

Bassini looking to pay bond holders

Bassini looking to pay bond holders

Owner Laurence Bassini has revealed that he is in negotiations to pay off the club's bondholders.

There is the small matter of £7.5m still due to be paid to bond holders Graham Simpson, Michael Ashcroft and David Fransen with £2.5m having already been paid.

After days of speculation about the club's future, sparked by the Watford Observer's former sports editor Kevin Affleck, there looks to be some clarity on the matter.

Bassini will also look to clear the club's £1m overdraft facility.

The negotiations are 'with the lawyers' at present according to The Watford Observer.

It has also been revealed by Bassini that he the new East Stand will be named after former manager and chairman Graham Taylor, who left the club yesterday.



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

Writer:Tom Bodell
Date:Thursday May 31 2012
Time: 4:06PM

Login to post a comment

Best of International Football News

-

Recent Watford Articles

Premier League Tops European Attendance Charts

Last week UEFA published their Club Licensing Benchmarking Report and one of the telling conclusions from the study was that the English Championship...

Silva Out - Gracia In At Watford

Earlier on Sunday Watford released a statement informing fans that the club had parted company head coach Marco Silva. A few hours later Javi Gracia was named as his appointment.

Instant Reactions - Leicester v Watford (20/1/18)

Following today's clash between Leicester City and Watford, here are the instant reactions from both managers.

Stats: Leicester v Watford

All the stats from Leicester (2) vs (0) Watford, King Power Stadium, 20/1/18 Att: 31,891

Watford Archived Articles

Vital Watford articles from

Site Journalists

Write for Vital Watford
Write For Vital Watford
Apply Here

Current Poll (see more polls)

Leicester MotM
Suggested By: Site Staff
Karnezis50%
Janmaat0%
Wague0%
Kabasele0%
Zeegelaar0%
Watson50%
Doucoure0%
Carrillo0%
Pereyra0%
Richarlison0%
Deeney0%
Sub - Gray0%
Sub - Prodl0%
Sub - Okaka0%
ScoopDragon Premier League Network Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Watford Results (view all)

Watford Fixtures

Vital Football Comment