Previous
Estoril
PSV Eindhoven
0
0
Susp
Game Details
Real Sociedad
Elche
7:45 PM GMT
Game Details
SC Freiburg
VfB Stuttgart
7:30 PM GMT
Game Details
Marseille
Nantes
7:30 PM GMT
Game Details
Dordrecht '90
Willem II Tilburg
7:00 PM GMT
Game Details
Guimaraes
Moreirense
8:30 PM GMT
Game Details
Rostov
FK Amkar Perm
4:00 PM GMT
Game Details
Next

Chelsea out to maul Black Cats

Chelsea 22 hours ago
Read

Want to drink wine with Iniesta?

The Toe Poke about an hour ago
Read
Mar 18, 2013

Watford avoid points deduction

Watford have avoided the possibility of a points deduction but been hit by a partial transfer embargo after former owner Laurence Bassini was banned from any involvement in football for three years.

Bassini and the Hornets were found to have breached Football League regulations, but the worst case punishment for the Championship promotion-chasers, a deduction, was not imposed.

The embargo and ban follow an investigation into the handling of two financial transactions during Bassini's time at the club in 2011.

A statement on the Football League website said: "A Football Disciplinary Commission, in the case of The Football League vs Watford Football Club and Mr Laurence Bassini, has determined that both defendants breached Football League regulations regarding the securitisation of future transfer fees and central distributions."

Watford responded to the ruling with a statement, published on their official website, in which they said they were "pleased to confirm" that they had received neither a points deduction nor a fine.

"The club has been made the subject of a transfer embargo but wishes to emphasise that the embargo referred to falls under Regulation 19 of the Football League Regulations," the statement explained.

"This is not an absolute bar on transfers, but rather a mechanism by which transfer business can be conducted by the club provided that the prior authorisation of the relevant football authorities has been obtained.

"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."

Watford are now owned by the Pozzo family and managed by Gianfranco Zola, who has guided them to third place in the Championship table, only two points off the automatic promotion places.

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.