Watford FC

Not a good week for Watford off the pitch.

Their owners allegedly submitted a fraudulent document from their bank to give assurances over their funds to complete a deal to buy the club. The club faces massive fines and potential points deductions.

Now their loan deals are being scrutinised because they worked their away around paying taxes through the use of loans.

Not to stereotype but Italians and football ownership don't really go hand-in-hand do they? You have Cellino at Leeds and all the nonsense over the past two decades in the Serie A with match-fixing.

Now their loan deals are being scrutinised because they worked their away around paying taxes through the use of loans.

Increasing debt for tax avoidance purposes is completely legal. Hence why you have Apple selling bonds to raise cash even though they have billions stored off shore. In the current environment debt is cheap!

Increasing debt for tax avoidance purposes is completely legal. Hence why you have Apple selling bonds to raise cash even though they have billions stored off shore. In the current environment debt is cheap!

I misread the article in the DT, earlier - in my defence they worded it wrongly!

They were being pursued.

Well, at least they embarrassed the Mancs.

Well, at least they embarrassed the Mancs.

And now moved above them because they've scored more goals!