Ketsbaia 0 Posted December 1, 2009 Share Posted December 1, 2009 http://news.bbc.co.uk/sport1/hi/football/t...ord/8387626.stm Watford chairman Jimmy Russo has loaned the club's parent company £1m for the club to survive the next month. Russo paid the loan to Watford Leisure PLC on Friday but a statement to the Stock Exchange revealed they need £5.5m more to continue until the end of June. The current loan will only be enough to cover the holding company's cash needs until 22 December. The Hornets could need to sell players in January, with England under-21 keeper Scott Loach likely to leave. If more funding is not available to the club, the board is expected to seek a suspension of trading in Watford Leisure's shares on the Alternative Investment Market. Sad. However, we should be sniffing around a few of their better players in Jan. Link to comment Share on other sites More sharing options...
Holden McGroin 7091 Posted December 1, 2009 Share Posted December 1, 2009 Their best players are loanees. Cleverly and Lansbury. Link to comment Share on other sites More sharing options...
Dr Kenneth Noisewater 0 Posted December 1, 2009 Share Posted December 1, 2009 Palace haven't been able to pay their players this week either. Apparently smug arsehole Simon Jordan has 'short-term cash flow problems'. What a shame. Link to comment Share on other sites More sharing options...
Cid_MCDP 0 Posted December 1, 2009 Share Posted December 1, 2009 Jay Demerit on our backline would make me happy... Link to comment Share on other sites More sharing options...
Marko 0 Posted December 1, 2009 Share Posted December 1, 2009 That Jon Joe 'Toole is meant to be a decent enough prospect isn't he? Link to comment Share on other sites More sharing options...
blackandwhiteboy 0 Posted December 7, 2009 Share Posted December 7, 2009 despite getting £1 million, it seems they still need another £4.5 million to survive according to here.. That is a large sum of money and Watford could be struggling for the future. Link to comment Share on other sites More sharing options...
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