Laurence Bassini
Net Worth 2024, Height, Wiki, Age, Bio

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Facts

Laurence Bassini Net Worth 2024, Height, Wiki, Age

Businessman

Birthday

: 04 April 1970

Birthplace

: United Kingdom

Age

: 54 years old Comment

Sign

: Aries

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Laurence Bassini Wiki

Laurence Bassini is a British businessman
Former chairman of Watford Football Club

Real name:	Laurence Bazini
Born:	04 April 1970 Comment
How old is Laurence Bassini in 2024? / Age:	54 years
Where was Laurence Bassini born?	United Kingdom
Zodiac sign:	Aries
Laurence Bassini Net worth 2024 (estimated)
How much is Laurence Bassini worth?	Under review
Nationality:	British
Hair color:	Brown

Who is Laurence Bassini? / Facts

Rise to fame - for his red builders helmet
Bassini took over Watford Football Club in a £440,000 takeover on 31 May 2011 when the club's previous parent company Watford Leisure PLC was de-listed from the London Stock Exchange and became Watford Leisure Limited
Prior to taking over at Watford Bassini had been made bankrupt in 2007 following the failure of his business The Fox at Ibstone near High Wycombe, Buckinghamshire, which he blamed on his father
Bassini was bankrupt for about a year and it was during this time that he changed his name to Bassini to have a "fresh start"
Whilst chairman of Watford, Bassini had been due to meet with fans at the annual Fans Forum on 8 November 2011 but cancelled at the last minute citing ill health
He then cancelled a subsequent local radio phone-in on 22 November 2011, again at the last minute and again due to 'ill health'
Bassini's tenure at Watford will forever be remembered by Watford fans as a period of clown-like incompetence and financial impropriety culminating in the comical 'Safegate' scandal when just prior to the sale of the club in June 2012 Bassini called the police after an employee refused to hand him the keys to the club safe
He'll also be remembered for always wearing a ridiculous red builders helmet whenever he gave an interview to the local paper
In June 2012, 13 months after he bought the club, Bassini sold Watford Football Club to Gino Pozzo, son of Giampaolo Pozzo and owner of Udinese and Granada
In November 2012 it was announced the $1.5 million Bassini owed to Watford Football Club for 'cash advances' was unlikely to be repaid
In March 2013 an independent disciplinary commission found Bassini guilty of misconduct and dishonesty over financial dealings on behalf of Watford and banned him from being involved in a position of authority with any Football League club for three years
The commission found he had been "dishonest in his dealings with the league and with his fellow directors" and "practised secrecy and deception" when he told neither the league nor the other members of the Watford board about his secret forward financing arrangements
Following Watford's defeat to Crystal Palace in the 2013 Championship play-off final, Bassini sent a series of gloating texts to local newspaper Watford Observer, reveling in his joy at their loss
He has been described as an 'ugly, arrogant, and pathetic individual' by all that have come into contact with him
After the paper published details of his texts, Bassini made a number of legal threats via his Twitter account, none of which ever materialised
In July 2013 Bassini added to his list of business failures when the High Court ordered his company Watford Leisure Limited be placed in liquidation
In March 2014, Bassini lost a High Court battle against the Russo brothers
The former Watford FC directors claimed that they were owed more than £3.5 million by Bassini
He was ordered to pay the sums of £3.5 million and £135,000 (plus an additional £568,000 in interest and £150k in costs); a total of £4,353,000
He has been told that he cannot appeal
During the trial, in which he was described as 'evasive' and a maker of 'empty threats', the court heard Bassini had made numerous accusations of conspiracies against him without providing any evidence
Among these were that the Russos still secretly owned half Watford FC with the Pozzo family and were orchestrating a campaign against him
Bassini, who had been in court for the whole trial, left before the end after complaining of 'feeling dizzy' following 'a slip' on the High Court steps
In June 2014 Bassini was made bankrupt for the second time
The bankruptcy order was made after Bassini failed to pay the sum of £37,500
During the hearing Bassini claimed not to own any property despite receiving over £1.5 million in cash advances from Watford during his tenure