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1:06pm Wednesday 1st October 2008
Watford FC’s most famous fan Sir Elton John has launched a stinging attack on the club’s board, warning the Hornets are “in danger of plummeting freefall” and that the directors “should go” if they do not share an optimism about the club’s future.
In a statement, the rock star said: “As a lifelong fan and former chairman of Watford FC I feel I must now express my deep dismay about what is happening at the club. First I should make it clear that the manager and the players have my full support. However, it is clear that the playing staff has been left threadbare after the sale of leading players over the last year or so, and even now I understand that there are still plans for further player sales in January.
“The chairman and leading shareholders have made it clear that they wish to sell the club, and this comes despite a profit of nearly £8m having been made last year (2007). We know from other clubs that when stability and confidence go then there is a danger of plummeting freefall. I fear we could be facing that catastrophe.
“Voices other than my own have already asked the question of what has happened to the money from the sale of some of our best players and the parachute payments. Whatever investment the directors still have in the club is likely to be devalued if stability is not brought back. More than anything else, confidence must be brought back to the playing staff and a real sense that there is a future at the club. If the directors do not have that optimism then they should go.”
The Watford Observer has contacted the Hornets for a response to Elton John’s statement. One is expected but probably not until tomorrow.
However in July Watford chairman Graham Simpson spoke of the need to attract new investment following the controversial sale of striker Darius Henderson to Sheffield United.
He said: “A club of our size cannot sustain a massive wage bill without Premier League funding or additional investment.
“It’s well documented that our parachute payments run out at the end of this season and we simply have to reduce our wage bill ahead of that. If we didn’t we wouldn’t be doing our jobs.
“Overall our football wages for the three seasons across the life of the Premiership payments will come close to £45m, despite the fact we still had the lowest wage bill in the Premier League by over £6m and we haven’t even spoken about transfer fees and the continued investment in the infrastructure at this point.
“Compare this to the miracle Aidy achieved three years ago by getting us into the Premiership on a shoestring budget of £3.5m and you get some perspective.
“We will continue to make decisions that we feel reflect the current board’s intentions to run this club on a sensible and financially solid basis.”
Berks Horn, London says...
1:22pm Wed 1 Oct 08
Vicar Rage, Watford says...
1:25pm Wed 1 Oct 08
derry pigweed, northampton says...
1:46pm Wed 1 Oct 08
Vicar Rage, Watford says...
2:33pm Wed 1 Oct 08
Berks Horn, London says...
2:38pm Wed 1 Oct 08
HertsPeter, Watford says...
3:06pm Wed 1 Oct 08
NG_Watford, Watford says...
3:25pm Wed 1 Oct 08
djwatford, Hatch End says...
3:32pm Wed 1 Oct 08
VoR, Watford says...
3:37pm Wed 1 Oct 08
Vicar Rage wrote:It's just a cunning plan.....That's all! !
At last - an intelligent and informed voice asking sensible questions; the very sort of comments and questions many of us on here have been vilified for daring to ask for so long.
Come on happy clappers - tell Elton that he's wrong to be saying this.
And tell the rest of us why this shouldn't be the signal for the sort of change that is clearly needed at Vicarage Road.
real ale, Braintree says...
4:45pm Wed 1 Oct 08
Chris the Vic, The Vic says...
5:44pm Wed 1 Oct 08
pete, Hoonose says...
5:44pm Wed 1 Oct 08
Feff, Rickmansworth says...
6:41pm Wed 1 Oct 08
VoR, Watford says...
7:02pm Wed 1 Oct 08
mkhorn, milton keynes says...
7:22pm Wed 1 Oct 08
Grigg, Lincoln says...
8:08pm Wed 1 Oct 08
Vicar Rage, Watford says...
8:46pm Wed 1 Oct 08
VoR, Watford says...
8:58pm Wed 1 Oct 08
colni zip, Controversey says...
9:26pm Wed 1 Oct 08
Grigg, Lincoln says...
9:30pm Wed 1 Oct 08
Vicar Rage, Watford says...
9:35pm Wed 1 Oct 08
VoR, Watford says...
9:49pm Wed 1 Oct 08
Vicar Rage, Watford says...
9:56pm Wed 1 Oct 08
VoR, Watford says...
10:04pm Wed 1 Oct 08
Vicar Rage, Watford says...
10:11pm Wed 1 Oct 08
VoR, Watford says...
10:30pm Wed 1 Oct 08
rogeruk, Weybridge says...
10:52pm Wed 1 Oct 08
derry pigweed, northampton says...
11:36pm Wed 1 Oct 08
comment_6870164_full wrote:Rogeruk
Elton John is a giant compared to the pygmy Simpson! Elton’s contribution to Watford is unquestionable. In a decade I can only remember his one major mistake (appointing Basset to replace Graham Taylor). Elton is human, he has guts and passion and most of all he does what he says, and he never let Watford down!There are some serious questions about the finances at Watford and Simpson’s role in them! A season in the premier league, gate receipts etc, season tickets etc.the sky money, sponsorship money, parachute payments and at least £25 million in transfer fees if not more!The Watford Observer should not fear anything in litigation from the pygmy! To win his case in the high court there will need to be an independent audit of Watford’s finances for the three years to prove his case done by independent auditors appointed by the football league. This is never going to happen as Simpson will not let it, therefore it will never reach court.Simpson will also have to explain his statements:1. Watford will be a top 10 premiership club in 5 years!2. Watford will have a 25 to 30 thousand capacity stadium good enough for the premiership!3. Nobody need worry Money for the stadium development is “ring fenced”!4. Watford will never be again be in financial dire straits as happened during the Vialli era when Simpson became chairman! 5.Watford’s financial future is secure!After Simpson, the most culpable are the happy clappers who gave their undying support to the Simpson regime, the same people who no doubt have kept New Labour and Brown in power for 11 years. To call these people sheep is an insult to sheep! Verdict on Simpson – Aims for mediocrity and fails to achieve it!
WFC4ever, Watford says...
6:40am Thu 2 Oct 08
mkhorn, milton keynes says...
7:49am Thu 2 Oct 08
JonBoy, Watford says...
8:14am Thu 2 Oct 08
Vicar Rage, Watford says...
8:24am Thu 2 Oct 08
Chris the Vic, The Vic says...
9:16am Thu 2 Oct 08
HertsPeter, Watford says...
9:46am Thu 2 Oct 08
Grigg, Lincoln says...
11:37am Thu 2 Oct 08
HertsPeter, Watford says...
11:40am Thu 2 Oct 08
texmex, LB says...
12:58pm Thu 2 Oct 08
VoR, Watford says...
1:13pm Thu 2 Oct 08
dolly33, Poole says...
5:18pm Thu 2 Oct 08
WFC4ever, Watford says...
5:35pm Thu 2 Oct 08
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enlightened one, Watford says...
1:18pm Wed 1 Oct 08