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Last Updated: Friday, 31 March 2006, 17:12 GMT 18:12 UK
Hornets announce loss of 463,345
Watford have announced a loss of 463,345 for the six months ending 31 December 2005 - an increase of 120,504 on the same period from 2004.

However, turnover was 4.77m, up from 4.45m from the figures from 2004.

Chairman Graham Simpson said: "This is a satisfactory performance, and is very much in line with our expectations.

"I remain confident that the progress we are making will lead to a successful team, vastly improved facilities - and will return the club to profit."




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