Watford takeover is off, says Bassini

Watford's potential takeover by the Pozzo family is now off, according to current owner Laurence Bassini.

The Championship club, confirmed earlier this week they had agreed a deal in principle to sell the club to the Pozzo family.

The Italians own Serie A side Udinese and Spanish team Granada and looked poised to take over at Vicarage Road, but Bassini said: "The deal is definitely off. They do not have the money. What can I do?"