Thursday, August 5, 2004
Watford repurchased the freehold to Vicarage Road stadium, exercising an option that had been stipulated as part of a sale-and-leaseback agreement agreed two years earlier with the club in dire need of funds.
The purchase price was £7.6m, incorporating sizeable directors' loans and a loan from Barclays Bank.
Reproduced by kind permission of Matt Rowson from his book,Watford FC On This Day
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