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Watford FC
- Nickname:
- Founded:1881
- Manager:Malky Mackay
- Ground:
- Capacity:NaN
- Competing in:
- Next Game: 18-Feb-2012 15:00
- Crystal Palace
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Watford - Full match preview
- Last Game: 14-Feb-2012 19:45
- Watford3
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- Competing in:
- Football League Championship
- League Cup
- FA CUP
Troubled Hornets on the brink
16 Dec 2009 - 09:24:43
Watford are on the brink of administration following the decision of three board members to resign from the cash-strapped Championship club.
Chairman Jimmy Russo, vice-chairman Vince Russo and director Robin Williams all resigned at the club's annual general meeting on Wednesday night.
The Hornets have now asked for trading in their shares to be suspended.
"Pending resolution and clarification of their financial position, the company have requested that their shares be suspended from trading on AIM (Alternative Investment Market)," read a club statement.
"In the event that a funding solution cannot be obtained then the company may have to be placed in administration.
"A further announcement will be made in due course."
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