Taylor to stay with Hornets

Chairman agrees to extend deal

Last updated: 4th January 2010   Subscribe to RSS Feed

Taylor to stay with Hornets

Taylor: Staying as chairman

Related links

Teams

Also see

Watford have confirmed that Graham Taylor will remain as chairman until the end of June.

The former Hornets manager stepped into the role on an interim basis when Jimmy Russo resigned at a board meeting last month.

The club appeared on the brink of administration until majority shareholder Lord Michael Ashcroft came up with the funds to repay Russo a loan of nearly £5million.

Taylor has now agreed to stay on at Vicarage Road and he hopes the club will be more settled when his situation is reviewed in the summer.

"Many people are aware that Watford is very special to me so it was impossible to say no to becoming chairman," he told the club's official website.

"I just hope to be able to be the kind of chairman that, along with the board, lets the manager get on with things.

"We have many challenges off the pitch but believe in the plan moving forward and that the football club will be in a much healthier position as the season progresses."