Personally had a look at the accounts and let’s just say if we don’t sell LARGE in summer, we are due to be in a very bad place imo.
We’re essentially 100% dependent on Pozzo not calling on his bankroll (which he is also charging interest on).
Watford submit 2024/25 accounts for the season they finished 14th in the Championship. This was the first season since relegation that the club was not in receipt of parachute payments.
🔑 figures
Revenue £26.0m ⬇️ 55%
Wages £28.1m ⬇️ 15%
Wages 108% of revenue (⬆️ from 57%)
Highest paid director £471,000* (2024 £1,085,000)
Underlying loss £28.5m (⬆️152%)
Player sale profits £15.8m
Interest costs £3.5m (mainly on loans from group)
Pre tax loss £16.1m (2024 profit £12.7m)
Player purchases £2.0m
Player sales £17.6m
Total borrowings £69.6m
Total losses over the years £66m
Club is controlled by company in Luxembourg
*fans considering setting up GoFundMe campaign to make up the shortfall.