Watford finances
Watford has £58m of net debt as of their 2024/25 accounts.
Filed as WATFORD ASSOCIATION FOOTBALL CLUB LIMITED(THE). Championship. Latest accounts 2024/25.
Multi-year picture
| Year ended | Wages | Turnover | P&L | Cash | Net assets |
|---|---|---|---|---|---|
| 2024/25 latest | — | — | -£16m | £1.3m | £25m |
| 2023/24 | — | — | £13m | £3k | £2.7m |
| 2021/22 | — | £128m | -£18m | £1.2m | -£35m |
Player trading
- Amortisation charge (this year)£81k
- Squad book value (intangibles NBV)£10m
In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.
HMRC exposure
- Tax & social security owed at year-end£1.5m
Unusually large HMRC balances at year-end can signal cash pressure. Most clubs file PAYE monthly, so a multi-million sum sitting unpaid is a flag.
Debt breakdown
- Outstanding charges (loans secured against assets)5
Ownership
Persons with significant control (>25% as filed at CH): Hornets Investment Limited
Registered office: Vicarage Road Stadium, Vicarage Road, Watford Hertfordshire, WD18 0ER
Incorporated: 1909-07-22
Recent filings
- 2026-03-25 accounts accounts-with-accounts-type-full
- 2026-02-03 confirmation-statement confirmation-statement-with-updates
- 2026-01-30 officers change-person-director-company-with-change-date
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
- 2025-08-08 mortgage mortgage-satisfy-charge-full
Source
Parsed automatically from WATFORD ASSOCIATION FOOTBALL CLUB LIMITED(THE)'s inline XBRL accounts at Companies House. Filed as: accounts-with-accounts-type-full. Period ended 2025-06-30, accounts filed 2026-03-25.