Watford and Saracens will be meeting in the next two weeks to discuss the long-term future of the rugby club at Vicarage Road.

Both parties have admitted it has been like a ‘landlord and tenant’ relationship in the past and hope in the future it will be more of a partnership.

Both Watford and Saracens have the option to take advantage of a break clause in their agreement from 2010, which would have a 12-month notice period.

The Hornets chief executive Julian Winter confirmed the meeting will be between he and his opposite number Edward Griffiths.

There will be a range of issues discussed including the amount of ‘rent’ paid by Saracens and the possibility of developing Vicarage Road is also likely to be mentioned.

At the Hornets’ AGM in December, former chairman Andy Wilson stated the £489,000 Saracens currently pay each year is not enough as the agreement was written up almost a decade ago when the club needed to secure Sarries as a tenant.

There has been continued speculation the rugby club are looking to move away from Vicarage Road to Fulham’s Craven Cottage to take advantage of the high number of South African fans in the area.

Saracens chief executive Edward Griffiths told supporters, at a fans’ forum in February, the club did want to take advantage of the South African fan base but that they would not be moving to another football ground as a full-time home.

At the same meeting, Griffiths said Sarries were keen to develop Vicarage Road in partnership with Watford in the future but that the club needed to attract at least 15,000 supporters to each game if the club are to stop losing “vast sums of money each year”.

There were rumours the important meeting took place last Wednesday but Winter said that was between operational staff to discuss issues with matchdays.

He said: “There was a meeting between operational staff talking about operational issues for next season. It wasn’t related to their long-term future. That meeting is something which will happen in the next two weeks.

“Last week’s meeting was about matchday issues. It was things like can we do this on the pitch and things like catering, which I didn’t go to. It was about what has gone on and how we can improve.”