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Page last updated at 09:15 GMT, Tuesday, 26 January 2010

Watford boss Malky Mackay gets a January transfer boost


Watford manager Malky Mackay's January transfer plans have received a boost after non-executive director David Fransen loaned the club £500,000.

Geneva-based Fransen joined the board in March last year and is managing director of energy company Vitol S.A.

The loan is designed to help Mackay bolster his squad during this month's transfer window, and has to be repaid by the end of May.

Meanwhile, young keeper Jonathan North, 18, has joined Oxford City on loan.

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see also
Watford saved from administration
19 Dec 09 |  Watford
Watford in financial peril
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Watford close to administration
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