Next Game

Watford v Fulham

Tuesday, 03 March 2015, 19:45

Sky Bet Ch'ship

Elland Road

Last Game

Leeds 2 - 3 Watford

Saturday, 28 February 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

W

ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

mumbo_jimbo
Van Gaal: Luck is key

I

believe this is because for sepp Christmas is a 7 day feast finishing on the 25th

hiya
Blatter calls for early final

F

alcao really needs to shine now. Apparently according to the stats, he scores more when played up front alone. I wonder if Van Gaal will actually apply a formation to get the best out of him though.

anthracyte
Van Persie lay-off expected

Footer 365

Mark Hughes angered by officials in Stoke win over Hull

Mark Hughes was pleased with Stoke's 1-0 win over Hull but angered after the officials missed a challenge on Stephen Ireland.

Sean Dyche downbeat after Burnley lose to Swansea defeat at Turf Moor

Burnley boss Sean Dyche says his side must start turning performances into wins after losing 1-0 to Swansea at Turf Moor.

Jonas Gutierrez wants top-10 finish for Newcastle after return

Jonas Gutierrez has targeted a top-10 finish with Newcastle after returning to the squad for the win against Aston Villa.

Mail Box

Are Tottenham Right To Redevelop?

It's a really good Friday afternoon Mailbox, with thoughts on Spurs' ground development, the Europa league (leave it alone) and one man running for a very good cause...

Rodgers Is More Of A Paisley Than A Rafa

Most Liverpool fans in the Mailbox are claiming to be pleased to see the back of the Europa League. Plus merging the Europa and Champions League, and winter WC...

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