Date: 17th December 2009 at 6:53pm
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Following his stint at the top on Tuesday night, Graham Taylor has today assumed interim Chairmanship.

The Hornet’s legend was only appointed to the board in a Non-Executive director role in the Spring but has taken the step up in light of Jimmy Russo’s sensational resignation 48 hours ago.

GT had this to say following his appointment:

‘I do so because the very fabric of what this club is, is at risk due to our well-documented financial problems. I together with the rest of the Non-Executive members of our board have worked tirelessly over the past days and weeks to find an appropriate solution.’

‘The board and I fully support the proposal put forward by Lord Ashcroft, to help Watford get out of its current predicament.’

‘The threat of administration does hang over us, and I alongside the rest of the Directors, hope that Jimmy and Vince Russo will defer their demand for payment and also do what is right, as they always said they would, for the future of Watford Football Club.’


Source: www.watfordfc.com