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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."

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H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

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Toure: I am staying with City

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uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

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Toure: I am staying with City

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Toure: I am staying with City

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