Watford president Raffaele Riva has resigned from his post at the club. A statement on club’s official website confirms this.
Riva left the club days after the news that was published in The Telegraph, which had revealed, that there were speculations when Gino Pozzo became the only shareholder of the club.
However, Riva says, that his decision is based on his business interests.
“I have decided to step down as Chairman of Watford FC in order to focus on my other business interests. I fully refute, and will protect vigorously my integrity against, any recent speculation,” Riva said.