Ray. 217 Posted December 16, 2009 Share Posted December 16, 2009 (edited) Watford close to administration Watford's financial difficulties have left it on the brink of administration Watford Football Club stands on the brink of administration following demands from creditors.The Championship side's parent company, Watford Leisure, has been asked to pay back £4.9m in loans before the close of business on Wednesday. More from http://news.bbc.co.uk/1/hi/business/8415622.stmThis will obviously have an affect on our meeting with them in January and wonder who we would meet if they went into Administration. Edited December 16, 2009 by Blueray Quote Link to comment Share on other sites More sharing options...
Ray. 217 Posted December 18, 2009 Author Share Posted December 18, 2009 (edited) Former Watford chairman Jimmy Russo has said he will put the Championship club into administration after refusing to defer the repayment of his £4.88m loan.more from http://news.bbc.co.uk/1/hi/business/8418667.stm Edited December 18, 2009 by Blueray Quote Link to comment Share on other sites More sharing options...
Laylabelle 9,535 Posted December 19, 2009 Share Posted December 19, 2009 (edited) Awww they're safe..for the mo anyhowhttp://news.bbc.co.uk/sport1/hi/football/teams/w/watford/8418667.stm Edited December 19, 2009 by Laylabelle Quote Link to comment Share on other sites More sharing options...
northernblue 2 Posted December 22, 2009 Share Posted December 22, 2009 Another former Prem club struggling just a few years after relegation, are they overstretching themselves when they get promoted? though in this case it does sound like the ex-chairman is not doing them any favours. Quote Link to comment Share on other sites More sharing options...
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