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

Best of Vital Network

Vital F1 - Blog: Spa Preview

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

Recent Watford Articles

Cathcart Gets Northern Ireland Call

Craig Cathcart has been called up by Northern Ireland manager Michael O'Neill for the coming international break.

Mazzarri Lived After Gillingham Loss

Head coach Walter Mazzarri has slammed the complacent mindset of the players in last night's loss to Gillingham.

Janmaat Arrives From Newcastle

Netherlands international Daryl Janmaat has today joined Watford from Newcastle United.

The Hornet - Gillingham 23-08-16

That first win under Mazzarri still hasn't come for Watford with League 1 side Gilligham coming back to beat the Hornets two-one after extra time and dump us our of the League Cup.

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)

LC - Gillingham MotM
Suggested By: Site Staff
Pantilimon1%
Hoban12%
Kabasele0%
Paredes12%
Nyom0%
Guedioura0%
Watson0%
Doucoure0%
Anya25%
Deeney0%
Vydra50%
Sub - Ighalo0%
Sub - Capoue0%
Sub - Zuniga0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Man City 2 2 0 0 6 4
2 Man Utd 2 2 0 0 6 4
3 Hull City 2 2 0 0 6 3
4 Chelsea 2 2 0 0 6 2
5 Everton 2 1 1 0 4 1
6 Middlesbrough 2 1 1 0 4 1
7 Spurs 2 1 1 0 4 1
8 Burnley 2 1 0 1 3 1
9 WBA 2 1 0 1 3 0
10 West Ham 2 1 0 1 3 0
11 Liverpool 2 1 0 1 3 -1
12 Swansea 2 1 0 1 3 -1
13 Arsenal 2 0 1 1 1 -1
14 Watford 2 0 1 1 1 -1
15 Leicester City 2 0 1 1 1 -1
16 Southampton 2 0 1 1 1 -2
17 Stoke 2 0 1 1 1 -3
18 Sunderland 2 0 0 2 0 -2
19 Crystal Palace 2 0 0 2 0 -2
20 AFC Bournemouth 2 0 0 2 0 -3
Latest F1 News
Latest Vital Boxing News

Recent Watford Results (view all)

Vital Members League Table

RankNamePoints
1.Daniel Smith11