Watford avoid points deduction

Watford have escaped a points deduction and a fine but must operate under a transfer embargo following the publication of an independent Football Disciplinary Commission ruling.

Last Updated: 18/03/13 at 12:04 Post Comment

Watford escape fine and ban but placed under transfer embargo

Watford escape fine and ban but placed under transfer embargo

The adjudication relates to alleged misconduct charges arising from the handling of two financial transactions in 2011 which occurred during Laurence Bassini's time as owner and director of the club.

Bassini, who sold the Hertfordshire club to the Pozzo family in June 2012, has subsequently been banned from any participation in football for three years.

But despite the transfer embargo, the club can still buy and sell players under Regulation 19 of the Football League Regulations, as long as they receive prior authorization from the relevant football authorities.

Gianfranco Zola has guided his side to third in the Championship, just two points off an automatic promotion place.

Any points deduction would have hampered their chances of returning to the Premier League but the club feel vindicated by the Commission's ruling.

"It is clear from the decision of the Football Disciplinary Commission that the offences which the club has been found guilty of were committed by one or two individuals who are no longer associated with the club - and without the knowledge of the full Board of the club," read a statement on Watford's official website.

"Neither Watford Football Club - nor any of its individual officers - will be making any further comment on this matter."

Related News

Most Commented

Readers' Comments

O

ne of the conclusions from this list is that Man City should never buy a striker in January - good luck Wilfried Bony....

Savinator
F365's Top Ten Worst January Panic Buys

I

was there, it was embarrassing - the team looked totally unbalanced from the off, the defence was woeful and when Mikel came off injured it got even worse with nobody in front of them. Up front on several occasions we had opportunities and nobody would shoot - it was a complete farse! On the back of Salah's performance I'm glad there is talk of getting shot...

Fly1ngh1gh
Cup defeat shames Mourinho

G

reat to see Tommy Rosicky getting some love. A wonderful player. Such a pity we lost so long to injury. I was so excited when we signed him, this resurgence only makes the absences seem more of a lost opportunity.

cheshire-gooner
16 Conclusions: FA Cup Fourth Round Weekend

Footer 365

Capital One Cup: Liverpool boss Brendan Rodgers says Chelsea's Diego Costa was lucky to avoid a red card

Liverpool boss Brendan Rodgers believes Chelsea's Diego Costa was lucky to stay on the field in the Capital One Cup semi-final.

Capital One Cup: Chelsea boss Jose Mourinho insists Diego Costa does not deserve retrospective action after Emre Can stamp

Jose Mourinho thinks Chelsea's Diego Costa should be left alone to play football after a controversial outing on Tuesday.

Capital One Cup: Chelsea reach final as Branislav Ivanovic's goal sinks Liverpool

Branislav Ivanovic's extra-time goal gave Chelsea a 2-1 aggregate win over Liverpool and a place in the Capital One Cup final.

Mail Box

The Problem With FA Cup Shocks...

...is that the draw for the next round is pretty shocking. Blackburn v Stoke, anybody? We also have mails on LVG and ManUnited, who drew plenty under Fergie...

You're Man Utd, For Crying Out Loud!

Defending a 0-0 draw with Cambridge on the grounds that other teams lost to lower-league opposition is not befitting of Man United. We're inclined to agree with Mailboxers...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company