By Victor Kanayo
British-Nigerian born heavyweight fighter Anthony Joshua is gearing up to acquire English Championship club Watford.
According to reports from England, the potential takeover is worth up to £150 million.
The Championship side have been owned and managed by Italian Gino Pozzo since 2012.
Due to financial downturn, the club have been yearning for a fresh lease of life.
Joshua’s involvement, even as part of a consortium, highlighted the club’s ambition to boost its financial and promotional standing, Athletic reports.
The club’s valuation of £150 million to £175 million aligns closely with Joshua’s reported net worth, making the discussions financially plausible.
Mostly known as “AJ,” Joshua has an estimated networth of £150 million to £200 million, according to the 2024 Sunday Times Rich List.
He has strong connections to Watford, having been born at Watford General Hospital next to the club’s Vicarage Road ground, growing up in North Watford on the Meriden Estate, and attending school in nearby Kings Langley.
Watford’s strategic push for investment could benefit significantly from Joshua’s global recognition and commercial appeal.
Although, Joshua is not directly involved in the talks, he was approached about participating in the Championship club’s investment opportunities.
The details of the proposal remain undisclosed.
