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"Of course I'm not happy about it, but I understand it and that's the way it is. At the end of the season I might look back at it and say that's best thing that happened to me as a manager. The

Added Boothroyd: "The sale of Danny will ease a lot of our concerns but I don't think I'll be getting too much of that money. Danny's wages being freed up will help me get someone in but I don't

expect to be able to buy anyone which is why I'm looking at loans and free transfers.

on a free transfer.

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Boothroyd will now be allowed to sign free agent Ulises De la Cruz on a one year contract, table a bid of around 150,000 for Ivory Coast defender Souleymane Bamba and bring in a striker on loan or

Manager Aidy Boothroyd has refused New Balance Numeric Arto to rule out the prospect of Tommy Smith and Jobi McAnuff being sold.

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The club is not at liberty to disclose further financial information, including details of any conversations with our bank."

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´╗┐Hornets ease cash worries From Richmond and Twickenham Times

about it and play the violin card then that isn't going to help anyone. The best thing is to just to get on with it."

"I am concerned but if I whinge about it, moan New Balance Lifestyle

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true test of a manager is having to build again and that's where I find myself, having to build again.

"Furthermore, the club can confirm that it has recently repaid in full a short term borrowing facility, leaving the club with one significant outstanding loan of circa 600k to the chairman.

Lord Michael Ashcroft, the deputy chairman of the Conservative Party, revealed last month that he and Graham Simpson are prepared to sell their New Balance Womens Shoes Nordstrom

The Watford Observer understands the club have received interest from the Middle East and a Hungarian businessman, while Nigel Wray, the owner of Saracens Rugby Club, has also held discussions with Simpson over the freehold of the Vicarage Road Stadium.

Simpson warned in May that players would be sold and the wage bill would need to be reduced after the club missed out on promotion to the Premiership.

Asked if he envisages any more player sales, Boothroyd said: "That depends on where we are with our bank. I can't answer that. I can't reassure anyone on that one.

"I would prefer to be where we were last year but the situation is that players have had to be sold and I've got to do some serious wheeling and dealing.

"The club regularly meets with Saracens and their representatives and it is common knowledge that the existing contract with Saracens has a break clause in 2011," added Field.

"I don't want to sell my best players but people have got to want your players first. I'd rather sell players that I want to go. A Tommy or a Jobi are assets but they are assets on the pitch, too.

just hope we can get by without selling any more."

The Watford Observer understands the club held discussions with the bank last Thursday and been granted a 4m loan which is scheduled to be repaid at the end of the next transfer window.

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shares in the club.

"It's bargain basement stuff and about gelling a team together of lads who have done it and lads who are young and hungy," the manager said. "The main thing is we need that team spirit. If our

"Discussions regarding this are ongoing and the contents of these discussions will remain private."

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The sale of Shittu and the retirement of Matt Jackson this week cut around 18,000 a week off the club's wage bill.

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