Is Laurence Bassini Takeover Birmingham City? Wife, Wiki, Bio & Net Worth - Meet Former Watford Owne

June 2024 · 2 minute read

Laurence Bassini is an English businessman who lives in the Stanmore neighborhood of London. From May 2011 to June 2012, he served as the chairman of Watford FC.

Bassini takeover Watford Football Club on May 31, 2011, after the club’s previous parent company, Watford Leisure PLC, was delisted from the London Stock Exchange and renamed Watford Leisure Limited.

Bassini had been declared bankrupt in 2007 due to the demise of his firm, The Fox in Ibstone near High Wycombe, Buckinghamshire, which he blamed on his father.

As per the report from @Neil_Moxley and @briandick, Laurence Bassini has exchanged contracts on a takeover at Birmingham City and is confident of completing a deal. EFL approval needed which is the next step. #bcfcIs Laurence Bassini Takeover Birmingham City

For almost a year, Bassini was bankrupt, and during this time, he changed his name to Bassini to have a “new start.”

Bassini’s time at Watford was marred by accusations of financial mismanagement, culminating in the ‘Safegate’ incident before the club was sold in June 2012.

The High Court ordered Bassini’s company Watford Leisure Limited to be liquidated in July 2013, adding to his commercial failures. Bassini won a court order preventing the sale of Bolton Wanderers to Football Ventures on August 8, 2019.

However, his attempts were unsuccessful, with Football Ventures completing the deal on August 28, 2019. He was rumored to be interested in buying Birmingham City in November 2021.

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