Watford have avoided the possibility of a points deduction but been hit by a partial transfer embargo after former owner Laurence Bassini was banned from any involvement in football for three years.

Bassini and the Hornets were found to have breached Football League regulations, but the worst case punishment for the Championship promotion-chasers, a deduction, was not imposed.

The embargo and ban follow an investigation into the handling of two financial transactions during ...

Read more