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No points deduction or fine for Hornets but Bassini banned for three years (From This Is Local London)
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Watford escape heavy punishment following football disciplinary hearing
10:03am Monday 18th March 2013 in Latest Sport By Anthony Matthews, Group Sports Editor
Gianfranco Zola's Hornets have not been deducted points in their pursuit of promotion. Picture: Holly Cant
Watford have not been deducted points or fined but former owner Laurence Bassini has been banned from participation in football for three years following the outcome of an independent football disciplinary hearing.
The Hornets and Bassini were charged followed alleged breaches of the Football League's regulations relating to two separate transactions between the Hornets and LNOC, a finance company.
One of the allegations related to two instalments following Danny Graham's sale to Swansea City and the other transaction was for two promissory notes worth £1.8m.
The Hornets have revealed the outcome in a statement. It reads: "Following the publication today of the independent Football Disciplinary Commission's judgement, Watford FC is pleased to confirm that it has not received a points deduction or a fine.
"Former owner and director Mr Laurence Bassini has been banned from any participation in football for three years.
"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. 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.
"Neither Watford Football Club - nor any of its individual officers - will be making any further comment on this matter."
In November, solicitors acting for Bassini said the charges would be "defended vigorously" and Watford chief executive Scott Duxbury said he was "extremely confident of a successful outcome" and did not expect a points deduction.
Comments(93)
gloryhornet4
says...
10:11am Mon 18 Mar 13
Let's make it count by promotion this season. No more flat games like Bristol & Barnsley.
akureyri
says...
10:14am Mon 18 Mar 13
mk6 hornet
says...
10:23am Mon 18 Mar 13
gulfhornet
says...
10:28am Mon 18 Mar 13
Harry's Bar
says...
10:30am Mon 18 Mar 13
Suprised by that "committed by one or two individuals who are no longer associated with the club" line. If that quote came from the club it's off beam, bearing in mind other rulings regarding previous owners.
KeithMercer
says...
10:37am Mon 18 Mar 13
mk6 hornet wrote:Happy now MK ?
Onwards and upwards
You can take your life back of hold now my friend !
Happy days, now lets get f****NG PROMOTED.
jasonwatford
says...
10:38am Mon 18 Mar 13
KeithMercer
says...
10:38am Mon 18 Mar 13
Well done Scott Duxbury and all involved !
buckshornet
says...
10:44am Mon 18 Mar 13
llloydwithathirdl
says...
10:47am Mon 18 Mar 13
Can we never speak of Baz again.
HertsPeter
says...
10:48am Mon 18 Mar 13
1978Smurf
says...
10:49am Mon 18 Mar 13
Hampshire hornet
says...
10:50am Mon 18 Mar 13
Great news regardless
tommy gunn
says...
10:54am Mon 18 Mar 13
ding to Newspaper reports ,they have borrowed 60 million from a lending company in advance of their next seasons television money payment.
exeterhornet
says...
11:04am Mon 18 Mar 13
Now then gentlemen, extract digits, heads down, and concentrate on an error free end to the season. It is now truly in your own hands so do not pass up this opportunuity for long term financial stability.
To all hornets fans, everywhere, please rally round the yellow flag and support the guys in any way possible. I am so chuffed at the moment
UZZY
says...
11:08am Mon 18 Mar 13
exeterhornet wrote:Agree ! lets ensure the season gets better & better.
Forget Palace away, Leeds away, Birmingham away - that is without doubt the result of the season.
Now then gentlemen, extract digits, heads down, and concentrate on an error free end to the season. It is now truly in your own hands so do not pass up this opportunuity for long term financial stability.
To all hornets fans, everywhere, please rally round the yellow flag and support the guys in any way possible. I am so chuffed at the moment
Travelling Hornet
says...
11:10am Mon 18 Mar 13
If the only real 'punishment ' is an embargo where by we have to run potential transfers through the FL for them to OK , then we have nothing to worry about as we have broken no rules, despite what Hollowtwathead says!
lockerbiehornet
says...
11:18am Mon 18 Mar 13
stevyweavy
says...
11:25am Mon 18 Mar 13
Michael Sills
says...
11:30am Mon 18 Mar 13
Holly68
says...
11:32am Mon 18 Mar 13
mk6 hornet
says...
11:41am Mon 18 Mar 13
KeithMercer wrote:Ha ha i was just thinking would keith mercer give me some stick over this lol yea lets get promoted.
mk6 hornet wrote:Happy now MK ?
Onwards and upwards
You can take your life back of hold now my friend !
Happy days, now lets get f****NG PROMOTED.
llloydwithathirdl
says...
11:49am Mon 18 Mar 13
1978Smurf wrote:The transfer embargo is not new, it's the same one we've been under all season.
Overall this is a good decision. It has obviously been recognised that the wrongdoings were the action of one man and not the club. However, this then begs the question "Why the transfer embargo?". Is this a cynical ploy to limit or stop our use of the loan system and/or free transfers from our sister clubs? Or am I just being paranoid?
It's not a cynical ploy to stop our use of the loan system, it's the reason we've had to use the loan system in the first place.
YoKsHiRe.....HoRn!!!!!!!
says...
11:55am Mon 18 Mar 13
Makes me happier after watching saturdays performance. Now hopefully we can translate this good feeling onto the pitch. COYH
londomollari
says...
11:59am Mon 18 Mar 13
LutonHornet
says...
12:01pm Mon 18 Mar 13
Mohandas
says...
12:05pm Mon 18 Mar 13
gulfhornet wrote:It's getting better and we now need to get stronger for the fight for a top two finish. Yes we can just do it.
Justice seen and done, let's all move onwards and upwards COYH!
kevhenderson
says...
12:29pm Mon 18 Mar 13
1978Smurf
says...
12:40pm Mon 18 Mar 13
llloydwithathirdl wrote:Ah, makes sense now, cheers for clearing that up. Seems I was getting overly paranoid for nothing. COYH!
1978Smurf wrote: Overall this is a good decision. It has obviously been recognised that the wrongdoings were the action of one man and not the club. However, this then begs the question "Why the transfer embargo?". Is this a cynical ploy to limit or stop our use of the loan system and/or free transfers from our sister clubs? Or am I just being paranoid?The transfer embargo is not new, it's the same one we've been under all season. It's not a cynical ploy to stop our use of the loan system, it's the reason we've had to use the loan system in the first place.
matey_from_brighton
says...
12:47pm Mon 18 Mar 13
andymm
says...
1:07pm Mon 18 Mar 13
(http://www.football
-league.co.uk/footba
llleaguenews/2013031
8/disciplinary-proce
edings_2293334_31135
42)
When did VGS/the Russos get involved with Bassini? (Facts doc, par8)
Could/will the club take action against Bassini? (Facts doc par 79)
What is the status of the 'current litigation between the club and LNOC'? (Sanctions doc, par 3)
Chris the Vic
says...
1:09pm Mon 18 Mar 13
I just wonder who the ex employees and/or consultants were who are no longer with us.
Shame we cannot put names to these people but allegedly I have heard Angelo Barrea is looking for compensation under an unfair dismissal case.
For an embargo the club must have done something wrong but perhaps the lack of comment from the club is due to pending legal action.
The Happy Hornet
says...
1:13pm Mon 18 Mar 13
14) Having carefully considered all of the options available to it, and taking into account the
mitigation advanced on behalf of the Club, the FDC concludes that a just and
proportionate penalty for the Club is that a registration embargo should be imposed now
to reflect in part that which would have been imposed in 2011/2012 had proper disclosure
been made by the Club to the League. This should take effect immediately from the date
of this determination and continue to the close of the summer 2013 transfer window
(presumed to be around 31st August 2013) – a period of approximately five and a half
months.
I assume if we get promoted this embargo will not be enforcable, but if not we may have a major problem on our hands?
JohnnyHornet
says...
1:20pm Mon 18 Mar 13
tommy gunn wrote:I believe it's more a technical issue over third party ownership, until a large percentage of the money for a transfer is received by the selling club a player is still technically the selling clubs player, by taking an advance from a " loan " company technically you have 3 owner of the players contract which is contrary to the rules.
At last a sensible decision has been made.But can anyone tell me the difference between what Bas did and the goings on at West Ham.Apparently,accor
ding to Newspaper reports ,they have borrowed 60 million from a lending company in advance of their next seasons television money payment.
The transfer embargo is purely to ensure that, having been found guilty, Watford abide by the rules, which of course they have always done, except for that pug eyed monster who previously owned us.
JohnnyHornet
says...
1:23pm Mon 18 Mar 13
The Happy Hornet wrote:Surely it doesn't present a problem as we only have to seek FL permission to sign someone, not that we can't sign anyone.
This is the clubs problem in a nutshell. (Text taken from the FDC's Judgment)
14) Having carefully considered all of the options available to it, and taking into account the
mitigation advanced on behalf of the Club, the FDC concludes that a just and
proportionate penalty for the Club is that a registration embargo should be imposed now
to reflect in part that which would have been imposed in 2011/2012 had proper disclosure
been made by the Club to the League. This should take effect immediately from the date
of this determination and continue to the close of the summer 2013 transfer window
(presumed to be around 31st August 2013) – a period of approximately five and a half
months.
I assume if we get promoted this embargo will not be enforcable, but if not we may have a major problem on our hands?
The Happy Hornet
says...
1:25pm Mon 18 Mar 13
There is no dispute that Mr Bassini was validly appointed as a Director of the Club
and at all relevant times represented himself to the League and to the Club as the
beneficial owner of the shares in the Club. However it is right to record that in his
Second Witness Statement he qualified the position as follows: “Although...at the
time of incorporation, I was the sole beneficial owner of the shares in Watford F.C.
pursuant to a declaration of trust and Mr Panos Thomas was the nominee and legal
owner of the shares for the sake of clarity and full disclosure I wanted to confirm that
subsequently I held 50% of the said shares on behalf of Valley Grown Salads
Unlimited (as referred to as “VGS” in the First Witness Statement)”. This
qualification was not explored by any party or the FDC in the course of the hearing.
Travelling Hornet
says...
1:30pm Mon 18 Mar 13
The Happy Hornet wrote:It's an embargo in name only, as all future transfer dealings will be ligitimate , so will not have a detrimental effect ,whether we go up or not.
This is the clubs problem in a nutshell. (Text taken from the FDC's Judgment) 14) Having carefully considered all of the options available to it, and taking into account the mitigation advanced on behalf of the Club, the FDC concludes that a just and proportionate penalty for the Club is that a registration embargo should be imposed now to reflect in part that which would have been imposed in 2011/2012 had proper disclosure been made by the Club to the League. This should take effect immediately from the date of this determination and continue to the close of the summer 2013 transfer window (presumed to be around 31st August 2013) – a period of approximately five and a half months. I assume if we get promoted this embargo will not be enforcable, but if not we may have a major problem on our hands?
corbindallas
says...
1:32pm Mon 18 Mar 13
The Happy Hornet wrote:The reading of this is different to what I thought, it stats we cannot register players till close of summer transfer, This is not good news at all, I hope we get promtoed and therefore this is not a issue or at least it means we can still loan players, but how I read it if we stay in the FL we cannot sign anyone permenant?
This is the clubs problem in a nutshell. (Text taken from the FDC's Judgment)
14) Having carefully considered all of the options available to it, and taking into account the
mitigation advanced on behalf of the Club, the FDC concludes that a just and
proportionate penalty for the Club is that a registration embargo should be imposed now
to reflect in part that which would have been imposed in 2011/2012 had proper disclosure
been made by the Club to the League. This should take effect immediately from the date
of this determination and continue to the close of the summer 2013 transfer window
(presumed to be around 31st August 2013) – a period of approximately five and a half
months.
I assume if we get promoted this embargo will not be enforcable, but if not we may have a major problem on our hands?
jasonwatford
says...
1:41pm Mon 18 Mar 13
corbindallas
says...
1:45pm Mon 18 Mar 13
jasonwatford wrote:Not what the report says, we cannot register any player till after the summer transfer period, if this is right it also means we cannot register loan players either!! Also in the report, about Baz I quote c) That he was very naive about the business of football: the FDC has found as a fact
I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.
that Mr Bassini was dishonest in his dealings with the League and with his fellow directors.
DuffmanWFC
says...
1:52pm Mon 18 Mar 13
Why not ban this crook for life from football? Apparently we CAN sign players after approval from the league as its just a case of proving what transactions take place are above board!
If we are promoted then this will cease to be the case as we will be under premier league rules! Also the premiership will not be changing the foreign loan quota... Just a pointer chaps!
Now lets get back to basics and start winning games as we now control our destiny! Come on you Orns!
jasonwatford
says...
1:52pm Mon 18 Mar 13
Poppet Bear
says...
2:01pm Mon 18 Mar 13
D.unstable
says...
2:03pm Mon 18 Mar 13
It confirms that The Russo's were very much involved in the positioning of this Clown and therfore not welcome on my watch. I hope the Pozzos now take legal action against him too.
All in all a good day for Watford and for the wider footballing world, allowing us to still reach the promised land, whilst keeping that idiot away from the national sport.
Noodlehornet
says...
2:13pm Mon 18 Mar 13
jasonwatford wrote:According to BBC, it should have been in place 1 year and a half ago for 11 months, therefore FF signing was fine.
Ok - So if this has been in place how did we sign fernando ?
Whilst this a a relief, I'm wondering why, if we knew an embargo was a realistic outcome, we didn't sign any of the other loanees. Or is that too simplistic?
Harry's Bar
says...
2:14pm Mon 18 Mar 13
andymm wrote:Interesting in that the report and ruling is not from the Football League, it's from a "Football Disciplinary Commission" headed by three QC's. It sounds like the club went through some sort of appeal process. The report appears to be thorough and fair.
Some important questions raised by the documents on the FL website... (http://www.football -league.co.uk/footba llleaguenews/2013031 8/disciplinary-proce edings_2293334_31135 42) When did VGS/the Russos get involved with Bassini? (Facts doc, par8) Could/will the club take action against Bassini? (Facts doc par 79) What is the status of the 'current litigation between the club and LNOC'? (Sanctions doc, par 3)
SAHornet
says...
2:21pm Mon 18 Mar 13
D.unstable wrote:For "idiot", I prefer to use the term, "fat, crooked, lying, cheating, inept, bungling,whining, half-witted, pathetic son-of-a-biatch". I just feel it's a tad more accurate.....just saying.
Hopefully if we get promoted we will be dealing with The FA and not The Football League, therefore the complications of any embargo will not be relevant.
It confirms that The Russo's were very much involved in the positioning of this Clown and therfore not welcome on my watch. I hope the Pozzos now take legal action against him too.
All in all a good day for Watford and for the wider footballing world, allowing us to still reach the promised land, whilst keeping that idiot away from the national sport.
HorshamHornet
says...
2:24pm Mon 18 Mar 13
SAHornet
says...
2:25pm Mon 18 Mar 13
watford1881
says...
2:38pm Mon 18 Mar 13
AMP4WFC
says...
2:48pm Mon 18 Mar 13
Dr,Oftaw
says...
2:51pm Mon 18 Mar 13
corbindallas wrote:i suggest you read it again. Quote"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."
jasonwatford wrote: I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.Not what the report says, we cannot register any player till after the summer transfer period, if this is right it also means we cannot register loan players either!! Also in the report, about Baz I quote c) That he was very naive about the business of football: the FDC has found as a fact that Mr Bassini was dishonest in his dealings with the League and with his fellow directors.
KeithMercer
says...
2:55pm Mon 18 Mar 13
SAHornet wrote:Dont sit on the fence SA !
D.unstable wrote:For "idiot", I prefer to use the term, "fat, crooked, lying, cheating, inept, bungling,whining, half-witted, pathetic son-of-a-biatch". I just feel it's a tad more accurate.....just saying.
Hopefully if we get promoted we will be dealing with The FA and not The Football League, therefore the complications of any embargo will not be relevant.
It confirms that The Russo's were very much involved in the positioning of this Clown and therfore not welcome on my watch. I hope the Pozzos now take legal action against him too.
All in all a good day for Watford and for the wider footballing world, allowing us to still reach the promised land, whilst keeping that idiot away from the national sport.
say what you really think mate.
This must be a good excuse to crack open a cold Castle ?
Eastsussexhornet
says...
2:56pm Mon 18 Mar 13
Harry's Bar wrote:Yes, I would have liked to have said that it is exactly as I predicted but I WAS expecting a fine. And even the transfer embargo isn't absolute. In fact, I think it is nothing more than the FL requiring to oversee what we do for a few months, as if it is going to be untoward after LB has gone in any case. A political move, that's all.
Not even a fine!
Suprised by that "committed by one or two individuals who are no longer associated with the club" line. If that quote came from the club it's off beam, bearing in mind other rulings regarding previous owners.
Eastsussexhornet
says...
2:58pm Mon 18 Mar 13
jasonwatford wrote:Yep, that's the way I see it...
I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.
The Happy Hornet
says...
3:04pm Mon 18 Mar 13
lutondown
says...
3:25pm Mon 18 Mar 13
corbindallas wrote:And got to remind you Corby, you did love Bas once...
jasonwatford wrote:Not what the report says, we cannot register any player till after the summer transfer period, if this is right it also means we cannot register loan players either!! Also in the report, about Baz I quote c) That he was very naive about the business of football: the FDC has found as a fact
I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.
that Mr Bassini was dishonest in his dealings with the League and with his fellow directors.
Just couldn't help myself!
And I think your wrong and Jason is right. It's a case of presenting the details of transfer or loan, just like we have been doing. No changes there!
Now where's ilovbas?
D.unstable
says...
3:32pm Mon 18 Mar 13
SAHornet wrote:Exactly SA, just thought I would leave all to expand as they so wish, because let's face it so many words can be used to describe that sad little 'wannabe' individual.
D.unstable wrote: Hopefully if we get promoted we will be dealing with The FA and not The Football League, therefore the complications of any embargo will not be relevant. It confirms that The Russo's were very much involved in the positioning of this Clown and therfore not welcome on my watch. I hope the Pozzos now take legal action against him too. All in all a good day for Watford and for the wider footballing world, allowing us to still reach the promised land, whilst keeping that idiot away from the national sport.For "idiot", I prefer to use the term, "fat, crooked, lying, cheating, inept, bungling,whining, half-witted, pathetic son-of-a-biatch". I just feel it's a tad more accurate.....just saying.
But I commend you on a very good selection to start the ball rolling.
WessexLad
says...
3:50pm Mon 18 Mar 13
Harry's Bar
says...
3:50pm Mon 18 Mar 13
kojak17
says...
4:00pm Mon 18 Mar 13
DuncanWelbourne'sshinpad
says...
4:25pm Mon 18 Mar 13
At least Baz can now spend Saturday afternoon's with his five year old daughter from now on !!!!
Onwards and upwards
COYH
Back from Hammerau
says...
4:25pm Mon 18 Mar 13
Harry's Bar wrote:No, it just means that the Football League has a disciplinary process under which decisions are made by independent commissions.
andymm wrote: Some important questions raised by the documents on the FL website... (http://www.football -league.co.uk/footba llleaguenews/2013031 8/disciplinary-proce edings_2293334_31135 42) When did VGS/the Russos get involved with Bassini? (Facts doc, par8) Could/will the club take action against Bassini? (Facts doc par 79) What is the status of the 'current litigation between the club and LNOC'? (Sanctions doc, par 3)Interesting in that the report and ruling is not from the Football League, it's from a "Football Disciplinary Commission" headed by three QC's. It sounds like the club went through some sort of appeal process. The report appears to be thorough and fair.
It would render any decison open to challenge if the FL acted as both the prosecutor and the judge.
SAHornet
says...
4:26pm Mon 18 Mar 13
KeithMercer wrote:I was being as affable as possible, Keith and I can assure you that one or two have already been cracked. I know where I'd like to crack the used bottles but he's probably still wearing that ridiculous hard hat.
SAHornet wrote:Dont sit on the fence SA !
D.unstable wrote:For "idiot", I prefer to use the term, "fat, crooked, lying, cheating, inept, bungling,whining, half-witted, pathetic son-of-a-biatch". I just feel it's a tad more accurate.....just saying.
Hopefully if we get promoted we will be dealing with The FA and not The Football League, therefore the complications of any embargo will not be relevant.
It confirms that The Russo's were very much involved in the positioning of this Clown and therfore not welcome on my watch. I hope the Pozzos now take legal action against him too.
All in all a good day for Watford and for the wider footballing world, allowing us to still reach the promised land, whilst keeping that idiot away from the national sport.
say what you really think mate.
This must be a good excuse to crack open a cold Castle ?
Henry VIII
says...
5:00pm Mon 18 Mar 13
Back from Hammerau
says...
5:22pm Mon 18 Mar 13
"Having originally received submissions in writing on the issue of publication, during the course of preparation of this Determination the FDC received a request from those
representing Mr Bassini for a brief oral hearing in relation to this matter alone. The FDC has acceded to this request, and therefore makes no determination pending that hearing,
currently scheduled for Friday 15th March at 14.00."
Sounds like he unsuccessfully tried to get the findings hushed-up.
desk35
says...
6:11pm Mon 18 Mar 13
Next on Good Friday closing of another chapter by giving Sean a warm reception for what he did for us under very difficult circumstance and stuffing Burnley 3-0
Oracledave
says...
6:33pm Mon 18 Mar 13
Back from Hammerau wrote:Best of luck to the league in squeezing any cash out of Bas ! Doubt he cares about three year bans or any other sanction since he surely will never venture into the world of football again ( anyone know any Rugby clubs with dodgy finances ?)
Interesting that the club has to pay 25% of the costs and LB 75%.
"Having originally received submissions in writing on the issue of publication, during the course of preparation of this Determination the FDC received a request from those
representing Mr Bassini for a brief oral hearing in relation to this matter alone. The FDC has acceded to this request, and therefore makes no determination pending that hearing,
currently scheduled for Friday 15th March at 14.00."
Sounds like he unsuccessfully tried to get the findings hushed-up.
Mickey Quinn, not so thin
says...
6:41pm Mon 18 Mar 13
Oracledave wrote:He'll just change his name to Bazsini, grow a moustache and wear a floppy hat/hoody, be back before you know it !
Back from Hammerau wrote:Best of luck to the league in squeezing any cash out of Bas ! Doubt he cares about three year bans or any other sanction since he surely will never venture into the world of football again ( anyone know any Rugby clubs with dodgy finances ?)
Interesting that the club has to pay 25% of the costs and LB 75%.
"Having originally received submissions in writing on the issue of publication, during the course of preparation of this Determination the FDC received a request from those
representing Mr Bassini for a brief oral hearing in relation to this matter alone. The FDC has acceded to this request, and therefore makes no determination pending that hearing,
currently scheduled for Friday 15th March at 14.00."
Sounds like he unsuccessfully tried to get the findings hushed-up.
Guy Bov
says...
6:42pm Mon 18 Mar 13
Need to get back to winning ways against Burnley COYH
Hornet Cornet
says...
6:54pm Mon 18 Mar 13
gloryhornet4
says...
7:19pm Mon 18 Mar 13
corbindallas wrote:As international loans are treated as transfer(?) - if so what does that mean? We cannot have any more loans from Udin & Gran.
The Happy Hornet wrote:The reading of this is different to what I thought, it stats we cannot register players till close of summer transfer, This is not good news at all, I hope we get promtoed and therefore this is not a issue or at least it means we can still loan players, but how I read it if we stay in the FL we cannot sign anyone permenant?
This is the clubs problem in a nutshell. (Text taken from the FDC's Judgment)
14) Having carefully considered all of the options available to it, and taking into account the
mitigation advanced on behalf of the Club, the FDC concludes that a just and
proportionate penalty for the Club is that a registration embargo should be imposed now
to reflect in part that which would have been imposed in 2011/2012 had proper disclosure
been made by the Club to the League. This should take effect immediately from the date
of this determination and continue to the close of the summer 2013 transfer window
(presumed to be around 31st August 2013) – a period of approximately five and a half
months.
I assume if we get promoted this embargo will not be enforcable, but if not we may have a major problem on our hands?
peter10531089
says...
7:19pm Mon 18 Mar 13
bigthunder
says...
7:44pm Mon 18 Mar 13
thanks to the Pozzo's obviously aswell
now after recent disappointments on the field lets get back to business
we were never going to do it the easy way so we will just have to beat Leeds again to clinch our place in the premiership , wink wink !
buckler
says...
8:17pm Mon 18 Mar 13
abbotshornet
says...
8:36pm Mon 18 Mar 13
Bush Hornet
says...
9:18pm Mon 18 Mar 13
Bush Hornet
says...
9:19pm Mon 18 Mar 13
buckler wrote:Dream on
Not one of his little gang here to support him! Not one apology to me and Lutondown ? Come on! Day 1 we called and argued it..
Buenos Aires Hornet
says...
9:24pm Mon 18 Mar 13
Watfordwes
says...
9:29pm Mon 18 Mar 13
In the whole time this has hung over us no one has asked how much GT knew about the crooked behaviour occurring at the club.
#justsaying
lutondown
says...
9:35pm Mon 18 Mar 13
Watfordwes wrote:No, very legitimate question.
Brilliant news but I'm going to commit blasphemy now!
In the whole time this has hung over us no one has asked how much GT knew about the crooked behaviour occurring at the club.
#justsaying
It needs to be answered
3.45 t-crew
says...
9:35pm Mon 18 Mar 13
Mickey Quinn, not so thin wrote:or maybe wear a red hard hat!!!!
Oracledave wrote:He'll just change his name to Bazsini, grow a moustache and wear a floppy hat/hoody, be back before you know it !Back from Hammerau wrote: Interesting that the club has to pay 25% of the costs and LB 75%. "Having originally received submissions in writing on the issue of publication, during the course of preparation of this Determination the FDC received a request from those representing Mr Bassini for a brief oral hearing in relation to this matter alone. The FDC has acceded to this request, and therefore makes no determination pending that hearing, currently scheduled for Friday 15th March at 14.00." Sounds like he unsuccessfully tried to get the findings hushed-up.Best of luck to the league in squeezing any cash out of Bas ! Doubt he cares about three year bans or any other sanction since he surely will never venture into the world of football again ( anyone know any Rugby clubs with dodgy finances ?)
kingofpop
says...
10:17pm Mon 18 Mar 13
dennis the menace
says...
10:31pm Mon 18 Mar 13
****!
mkhornet
says...
11:51pm Mon 18 Mar 13
corbindallas
says...
6:00am Tue 19 Mar 13
lutondown wrote:I agree I was duped by this slim ball, one thing that does not change tho nor is a excuse for his subsquent actions, but we did not go into administration. I read the report and missed the bit about authorisation as probably was in shock at the relevations. It is good news strangley as it spells the end of the noose over us and also means we can move forward. Still a case re the VGC and Baz and WFC vs Baz for funds so guess his mug will be around till that is all sorted but at least it will have no further detraction to the important stuff promotion and stadium development!
corbindallas wrote:And got to remind you Corby, you did love Bas once...
jasonwatford wrote:Not what the report says, we cannot register any player till after the summer transfer period, if this is right it also means we cannot register loan players either!! Also in the report, about Baz I quote c) That he was very naive about the business of football: the FDC has found as a fact
I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.
that Mr Bassini was dishonest in his dealings with the League and with his fellow directors.
Just couldn't help myself!
And I think your wrong and Jason is right. It's a case of presenting the details of transfer or loan, just like we have been doing. No changes there!
Now where's ilovbas?
JonBoy
says...
12:46pm Tue 19 Mar 13
corbindallas
says...
3:02pm Tue 19 Mar 13
JonBoy wrote:Don't think he had a choice by then!
I am grateful to Baz for selling to the Pozzos
lutondown
says...
3:05pm Tue 19 Mar 13
corbindallas wrote:Fair play to your honesty. But, for a cop mate, I gotta say your gullible!
lutondown wrote:I agree I was duped by this slim ball, one thing that does not change tho nor is a excuse for his subsquent actions, but we did not go into administration. I read the report and missed the bit about authorisation as probably was in shock at the relevations. It is good news strangley as it spells the end of the noose over us and also means we can move forward. Still a case re the VGC and Baz and WFC vs Baz for funds so guess his mug will be around till that is all sorted but at least it will have no further detraction to the important stuff promotion and stadium development!
corbindallas wrote:And got to remind you Corby, you did love Bas once...
jasonwatford wrote:Not what the report says, we cannot register any player till after the summer transfer period, if this is right it also means we cannot register loan players either!! Also in the report, about Baz I quote c) That he was very naive about the business of football: the FDC has found as a fact
I read it as this...If we wish to buy a player we must show the Football League the process and all parties are happy for transfer to go ahead and the FL rubber stamp the deal.
that Mr Bassini was dishonest in his dealings with the League and with his fellow directors.
Just couldn't help myself!
And I think your wrong and Jason is right. It's a case of presenting the details of transfer or loan, just like we have been doing. No changes there!
Now where's ilovbas?
lutondown
says...
3:07pm Tue 19 Mar 13
JonBoy wrote:Jeez, you say it like he done us a favour! Incredible, there is nothing to be grateful for, thankful to the Pozzos, Duxburry and Nani and even Timperley but not Bas. No way Jose
I am grateful to Baz for selling to the Pozzos
No Wheels
says...
10:11am Sun 24 Mar 13
thehttp://www.guardi
an.co.uk/football/20
13/mar/23/watford-pr
emier-league-financi
al-future
lutondown
says...
10:59am Sun 24 Mar 13
No Wheels wrote:I posted thread on twitter, for once a balanced and fair review of our club and it's policy. Proper journalism based on fact not hearsay ala Fatty Samuels.
don't know if this has been flagged up anywhere already, but there's an excellent, positive David Conn piece in the Guardian by a journalist who knows more about football financing and dodgy business models than just about anyone...
thehttp://www.guardi
an.co.uk/football/20
13/mar/23/watford-pr
emier-league-financi
al-future
palmeris60 says...
10:11am Mon 18 Mar 13