iPro Stadium

Next Game

Derby v Watford

Friday, 03 April 2015, 19:45

Sky Bet Ch'ship

Last Game

Watford 0 - 1 Ipswich

Saturday, 21 March 2015, 15:00

Sky Bet Ch'ship

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

S

hould have stayed because we carried him for 6.5 years. And then he has a breakthrough season, and was gone soon after. MU fans, you would be as disgusted had C Ronaldo left in 2007 and not 2009.

godof86
Is Van Persie Slipping Sadly Into The Night?

G

ood grief. Someone guessed that the form English player at the moment might be in his national side with some other players? And that's espionage? Now if they discovered that Emile Heskey was going to be in the starting line up.... at right back.... THAT would be espionage. Give it a rest Roy.

RogerRedHat
Hodgson hits out at Kane leak

H

e may get away with if Liverpool can swap the video with one of Skrtel dancing or something, but if they review the one shown on TV he's screwed.

hump3.
Skrtel denies violent conduct

Footer 365

Two Chelsea fans summoned to appear in court over claims of racist chants

Two men summoned to appear at Westminster Magistrates Court in May following claims of racist chants at St Pancras Station.

Arsenal are repoortedly keen to sign Liverpool's Raheem Sterling

Arsenal are interested in signing Liverpool's Raheem Sterling, with the winger set to reject his offer of a new deal.

European Qualifiers round-up: Wins for Germany, Portugal and Romania

Goals from Marco Reus and Thomas Muller gave Germany victory over Georgia while Portugal beat Serbia to go top of Group I.

Mail Box

Can Wenger Coach Young Players Anymore?

One Mailboxer wonders whether Wenger has still got ability to bring through young talent. Plus £50m for Sterling, stop being matey with footballers and Blackpool...

Forget About Flair And Play Like Greece

'Forget about flair and play like Greece' is one outsider's advice to the England national side, while an Arsenal fan wants to sell Theo Walcott to get Marco Reus.

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