Laurence Bassini. Picture: Pippa Douglas
Ex-Watford FC owner Laurence Bassini has lost his High Court battle with the club's former directors, the Russo brothers, who claimed they were owed more than £3.6million.
Mr Bassini has this morning been told he must pay back the two sums of £3.5million and £135,000.
The Stanmore businessman also needs to pay the Russo brothers £568,000 in interest and £266,000 in costs.
Mr Bassini's freezing injunction on his assets has been extended and he has been told he will not be allowed to appeal the decision.
More to follow.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel