Watford could face fine and point deduction after owner Gino Pozzo allegedly supplied falsified financial information to the football authorities, reports the Telegraph.
An EFL spokesman declared: “We can confirm, following receipt of information from The Daily Telegraph, that we immediately commenced a disciplinary investigation into serious allegations made against Watford Football Club.
“The club has been formally contacted by the EFL and is now required to provide a full and detailed response to the allegations. Once that response is received, it will be fully considered by the EFL and appropriate action will be taken under our rules and regulations.”
Source: transfermarketweb.com