Taken from the official site:
I think that this sounds very promising. They are saying the right things, though of course what matters is their actions over the next few years.... we'll see if they stay true to their words.
The other point is that they do not expect us to immediately go up. That is fair enough, we're not really in a position to be promoted right now... maybe even a season or two's time but it depends on how well we progress under the wing of the Pozzo's
"THE Pozzo family is delighted to be here at Watford Football Club.
We understand there will be a number of questions from supporters about the future of our club.
Our vision of how we should be involved in professional football is to provide financial and technical support, so that success can be achieved over the long-term.
Every project will be individual and local in its development, and we will add to that the advantages we can take from synergies of operation across the group.
We are here for the long-term. This is not a case of a foreign owner with an injection of money looking for a quick return. Our aim is clear: we wish to establish Watford as a Premier League club, which has revenue to help it become self-sufficient over time.
There are no promises of timescale; only that is our stated ambition to be in the Premier League so that everyone connected with Watford, all of us, can enjoy a successful and sustainable future.
Longevity to us is key to success. It is only over many years that success can be judged. We have owned Udinese, in Italy, for 25 years. And we have a second project, part of the Pozzo group, in Granada, Spain.
Both clubs have enjoyed success and are sustainable businesses. The opportunity, presented to us by Scott Duxbury and Gianluca Nani in relation to Watford, contained ideals within a vision that was very much close to our own thinking.
This is why we are here at Watford. The club will be run along the tried and tested model of Udinese and Granada but it will remain special to its supporters because there is no way the local values will be in any way compromised.
We know England is a very different country to others, and football has its own culture.We respect that enormously, and we are aware how much the club means to its fans and the local community.
Nothing will change in this respect. The Academy is close to the heartbeat of the club and this will continue to be very important to Watford's future progress.
But of course we want to make the most of our world-class scouting network, which has many years of football experience behind it. That is the advantage of being part of a wider group, a wider family of clubs.
Maintaining Watford's identity is key to having long-term success. This is not just another club; this is Watford and we recognize just how important the individual nature of a football club is to its supporters.
No more so than in England, in fact. We're very passionate about football, and the English style reflects the true spirit of the game.
Success will also be measured off the field, as well as on it. We are aware of supporters' hopes for the stadium. Development of the stadium and the East Stand remains an essential part of our project.
Any club must have the right facilities if it is to expect revenues which help support it reach its ambitions. Watford is no different in this regard.
We don't see football as a business. It's a passion for us. We have been proposed a project so exciting that it moved us to support this through funding.
We are not expecting a financial return, rather we see it as privilege to be involved with Watford. But we must be professional in all that we do, to get the right results on behalf of the club.
We believe Watford will benefit greatly from the experience of the Pozzo family over many years.
We are hoping all fans will join us as our vision for Watford takes shape."
I think that this sounds very promising. They are saying the right things, though of course what matters is their actions over the next few years.... we'll see if they stay true to their words.
The other point is that they do not expect us to immediately go up. That is fair enough, we're not really in a position to be promoted right now... maybe even a season or two's time but it depends on how well we progress under the wing of the Pozzo's
