Watford - Bassini denies taking money from club
UK time is: 23:09:28
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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."




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: Tom Bodell Mail feedback, articles or suggestions

Date:Friday June 22 2012

Time: 11:08AM

Your Comments (oldest first)

Change to most recent first
Hands up who believes that statement??
watford1881
Report Abuse
27/06/2012 20:47:00

Watch yourself 1881, you don't want to be on the wrong end of a libel claim.
wfc123
Report Abuse
28/06/2012 00:49:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Watford Articles

Archived Watford Articles

List All Vital Watford Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
1. Bournemouth 46 26 12 8 +53 90
2. Watford 46 27 8 11 +41 89
3. Norwich 46 25 11 10 +40 86
4. Middlesbrough 46 25 10 11 +31 85
5. Brentford 46 23 9 14 +19 78
6. Ipswich 46 22 12 12 +18 78
7. Wolves 46 22 12 12 +14 78

Breaking League News

Scott Parker`s Early Years
Charlton : 29/05/2015 21:46:01
Audio - Lee Bullen On Wednesday's Playoff Victory
Sheff Wed : 29/05/2015 20:00:00
Owls in Playoffs 10th Anniversary - Exclusive Fan Story
Sheff Wed : 29/05/2015 19:00:01
LUFC Bamba could still make permanent Leeds switch
Leeds Utd : 29/05/2015 19:00:00
Trio Of Defenders Linked
Cardiff : 29/05/2015 18:46:01

Current Site Poll (view all polls)

Will you be buying the new Watford FC kit?
Suggested By:  Vital Watford
Yes 72%
No 28%