Vital Football

Latest Watford FC News

Bassini denies taking money from club

Bassini denies taking money from club

Hornet's owner Laurence Bassini has spoken out to deny that he has taken a penny from the club for his own pocket.

The Stanmore businessman has been quick to deny suggestions that he has lined his own pockets during his 14 month tenure as owner at Vicarage Road.

Bassini even went as far to open a separate account into which all transfer fees received were safely ring-fenced - where might that kind of financial prudence come in handy in the past?!

Further to that, Bassini maintains that he has pumped betwee £8m and £10m of his own personal wealth into the football club.

Speaking to The Watford Observer, Bassini said:

"The money from that account (transfer account) stays with the club. It always has. I have never taken any money out of the club. The only money I will have received is from the takeover money."

Bassini also spoke of the possibility of taking the pub when he departs Vicarage Road after he put £500,000 of his own money into it's redevelopment:

"The pub is still in the club`s ownership at this moment in time. The answer is I do not know. We will see.

"There was a valuation of the pub made and I paid that money into the club`s account and I haven`t had it back so I have been offered the pub as part of the deal."



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

Writer:Tom Bodell
Date:Friday June 22 2012
Time: 11:08AM

Comments

0
Hands up who believes that statement??
watford1881
27/06/2012 20:47:00
0
Watch yourself 1881, you don't want to be on the wrong end of a libel claim.
wfc123
28/06/2012 00:49:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Watford Articles

A Watford perspective - Head Coach Hunt

With the club looking for it`s ninth head coach since the Pozzo family took over in 2012. It would seem to be a poison chalice for most potential head coaches.

Proud Prodl Dedicates Award To Graham Taylor

The top honour, which he dedicated to Graham Taylor, was won by Prodl having scooped the Individual Performance award for his marshalling of Manchester United's Ibrahimovic.

Niang Appeals For Watford Exit?

Having started well, scoring in his second game against Burnley and helping Watford to victory over Arsenal, on-loan AC Milan forward Niang wasn't happy going off against Chelsea.

Watford's Player Of The Year - Prodl

Prodl was the winner of the Graham Taylor OBE Player of the Season. The defender also won of the Individual Performance for his handling of Ibrahimovic against Manchester United.

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)

Manchester City MotM
Suggested By:
Gomes26%
Janmaat0%
Behrami0%
Holebas0%
Amrabat0%
Cleverley0%
Doucoure0%
Capoue3%
Mason50%
Niang0%
Okaka15%
Sub - Eleftheriou0%
Sub - Deeney3%
Sub - Pereira3%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Chelsea 38 30 3 5 93 52
2 Spurs 38 26 8 4 86 60
3 Man City 38 23 9 6 78 41
4 Liverpool 38 22 10 6 76 36
5 Arsenal 38 23 6 9 75 33
6 Man Utd 38 18 15 5 69 25
7 Everton 38 17 10 11 61 18
8 Southampton 38 12 10 16 46 -7
9 AFC Bournemouth 38 12 10 16 46 -12
10 WBA 38 12 9 17 45 -8
11 West Ham 38 12 9 17 45 -17
12 Leicester City 38 12 8 18 44 -15
13 Stoke 38 11 11 16 44 -15
14 Crystal Palace 38 12 5 21 41 -13
15 Swansea 38 12 5 21 41 -25
16 Burnley 38 11 7 20 40 -16
17 Watford 38 11 7 20 40 -28
R Hull City 38 9 7 22 34 -43
R Middlesbrough 38 5 13 20 28 -26
R Sunderland 38 6 6 26 24 -40
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.mikedrury1
2.Gary Pine1
The Vital Football Members League