Russo offers lifeline to Watford

18 December 2009 16:50
The Hornets looked set to be forced into administration after Russo and brother Vince, the club's former vice-chairman, rejected a £7.5million rights-issue package from majority shareholder Lord Michael Ashcroft on Wednesday.[LNB]Russo, who resigned on Tuesday, had insisted the club must pay back the £4.88million he lent the club.[LNB]But he has since told BBC Radio Five Live: "I'm happy to suspend any legal action providing I have an appointment with them."[LNB][LNB]

Source: Team_Talk