Watford have released a statement confirming the club’s board of directors have agreed a deal, “in principle” to sell the Hornets to the Pozzo family.
The family behind the Italian side Udinese and Spanish club Granada have been in advanced negotiations with Watford regarding a possible sale.
And Watford have in the last few minutes released a statement on the pending takeover.
It read: “The board of directors, acting on behalf of Watford Football Club, is pleased to confirm that agreement has been reached in principle for the transfer of ownership to the Pozzo family.
“Representatives from the family have been in discussions with Watford Football Club and both parties have agreed initial terms.”
Click links below for more information on the takeover.