Daily Mail

FOOTBALL DIGEST

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WATFORD have been fined almost £4million by the EFL after admitting that former chairman Raffaele Riva faked a bank letter in order to smooth the way for the takeover of current owner Gino Pozzo. Riva himself has said he always acted honestly. Watford must pay £3.95m and £350,000 costs after an investigat­ion by Ian Unsworth QC on behalf of the EFL into the events of

WATFORD FINED £4m FOR RIVA ‘FAKE’ LETTER

July 2014. Riva allegedly faked a letter from HSBC to the EFL guaranteei­ng that Pozzo had enough funds to cover the transfer of ownership from father Giampaolo. The EFL accepted Riva acted alone.

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