Nigerian-born boxer Anthony Joshua linked to buy Watford for ₦293 billion.
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Anthony Joshua and Watford
According to reports, former heavyweight boxing champion Anthony Joshua has discussed a possible £150 million takeover of Watford, an English Championship team.
The Championship team was looking for fresh funding to realign the organization. Italian Gino Pozzo has owned the team since 2012.
According to The Athletic, Anthony Joshua's participation—even as a consortium member—highlighted the club's desire to improve its brand recognition and financial strength.
The club's estimated worth of £150 million to £175 million is in line with Joshua's declared net worth, lending financial plausibility to the talks.
Watford's strategic investment drive may stand to gain greatly from Joshua's widespread popularity and lucrative appeal.
Anthony Joshua was approached about taking advantage of the Championship club's investing opportunities, even if he is not actively involved in the discussions.
Although the proposal's specifics are still unknown, it is known that Watford has held discussions with other parties about acquiring a minority share in the team.