The Daily Telegraph has struck again.
A few weeks after it’s investigation into corruption in English soccer unveiled plenty of wrongdoing, some of which led to Sam Allardyce stepping down as England manager, The Daily Telegraph has some more damaging evidence.
This time Watford Football Club is at the center of the allegations.
According to a report on Tuesday, Watford submitted forged bank documents back in 2014 when Gino Pozzo became the sole owner of the club from his father, Giampaolo, at the beginning of the 2014-15 campaign which saw them win promotion to the Premier League. The bank documents via HSBC (the Telegraph claims that Watford did not bank with that company at the time) were used to show proof of funding that Pozzo could bankroll Watford.
The English Football League has opened an investigation into the matter, along with an internal one from Watford, and if any wrongdoing is found then the Hornets could be subject to a fine and a points deduction.
An EFL spokesman told the Telegraph:
“We can confirm, following receipt of information from The Telegraph, that we immediately commenced a disciplinary investigation into serious allegations made against Watford Football Club. The club has been formally contacted by the EFL and is now required to provide a full and detailed response to the allegations. Once that response is received, it will be fully considered by the EFL and appropriate action will be taken under our rules and regulations.”
Watford has until next week to respond to the EFL.
The Telegraph also reports that just before the HSBC letter was accepted by the EFL as proof of funds, an earlier letter from Credit Suisse (a bank the Pozzo family and the parent company which owns Watford, Hornets Investment, did use) was rejected by the EFL and that would have put a hold up in the sale of the club.