EPL club Watford under investigation

Watford are under investigation from the English Football League following allegations they supplied false financial documents to the governing body.

Posted Tuesday, October 25, 2016 by YAHOO Sport

The allegations, reported in the UK's Daily Telegraph on Monday, centre on Gino Pozzo's sole takeover of the Hornets in 2014, where he assumed complete control from his father Giampaolo, and the alleged use of a forged banking letter.

The EFL have launched an investigation, as the Hornets were a Championship club at the time, and they could hand down a hefty fine or even a points deduction should the allegations be found true.

"We can confirm, following receipt of information from the Daily Telegraph, that we immediately commenced a disciplinary investigation into serious allegations made against Watford Football Club," An EFL spokesman said.

"The club has been formally contacted by the EFL and is now required to provide a full and detailed response to the allegations."

The Hornets are currently ninth in the English Premier League after taking 12 points from their opening nine games.

The club released a statement to the Telegraph, saying: "There are two ongoing investigations. It would be inappropriate to comment further until those investigations reach completion."