Bond issue success for Hornets

13 July 2010 19:00
The Board of Watford Leisure Plc has expressed its delight at the issuing of over £10million worth of bonds. The group, that owns the the npower Championship club, said in a statement on the Hornets' official website that it "would like to thank all the shareholders in supporting this method of fundraising". A detailed report of the bond issue went on to reveal that Fordwat Limited had taken up £7.5million of the bonds, David Fransen £2.05million and former chairman Graham Simpson £592,000.

Source: PA