Laurence Bassini’s Net Worth: Journey of Laurence Bassini from Bottom to Top!

laurence bassini net worth

An English businessman named Laurence Bassini was born Laurence Bazini. From May 2011 to June 2012, he served as the Watford Football Club’s chairman.

Commercial Career

On May 31, 2011, Watford Football Club’s previous parent company Watford Leisure PLC was delisted from the London Stock Exchange and changed its name to Watford Leisure Limited. Laurence Bassini acquired control of the team for £440,000.

Prior to taking over at Watford, Bassini had been declared bankrupt in 2007 as a result of the collapse of his company, The Fox, at Ibstone near High Wycombe, Buckinghamshire. Bassini changed his name to Bassini in order to have a “new start” after being bankrupt for nearly a year.

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While chairman of Watford, he was scheduled to speak with fans at the annual Fans Forum on November 8, 2011, however, he abruptly canceled, citing illness. On November 22, 2011, he abruptly canceled a future local radio phone-in, citing “poor health” once more.

laurence bassini net worth

In the months leading up to the club’s sale in June 2012, Laurence Bassini called the police when a staff member refused to give him the keys to the club safe, sparking claims of financial wrongdoing that culminated in the “Safegate” controversy. When conducting interviews with the neighborhood newspaper, he wore a red builder’s helmet.

13 months after purchasing the team, Bassini sold Watford Football Club to Gino Pozzo, the owner of Udinese and Granada and the son of Giampaolo Pozzo. It was revealed in November 2012 that Bassini was unlikely to repay the £1.5 million he owed to the Watford Football Club for “cash loans.”

What Will Be the Net Worth of Laurence Bassini in 2022?

English businessman Laurence Bassini is probably most known for his contentious tenure as Watford Football Club’s chairman. Since then, despite alternating between bankruptcies and even a name change, he has made attempts to acquire Bolton Wanderers, Charlton Athletic, and Birmingham City.

In 2007, Bassini’s first business endeavor—a hotel—failed, forcing him to file for bankruptcy. To distance himself from the mess, he changed his name from “Bazini” to “Bassini.” Uncertain of what transpired in the interval, he acquired Watford for £440,000 in 2011.

For Hornets supporters, he has taken on the role of a pantomime villain despite only being in control for a year and producing controversies that spanned a decade. He twice postponed the annual Fans Forum and a radio phone-in, angering Watford supporters in the process.

He borrowed £3.5 million in loans in the clubs’ names, which he ultimately had to repay. Additionally, the team lost £7 million during his tenure. Later, Bassini sent texts making fun of Watford supporters. He had such a bad reputation as a financially unreliable person that a club employee wouldn’t give him the safe key.

This compelled Bassini to report the man to the police, and the incident is now known as “Safegate” in Watford history. It seems sensible that many are curious about Laurence Bassini’s net worth as he moves closer to acquiring Birmingham City.

Athletics Charlton F.C.

It was made public that Laurence Bassini had a tentative deal to pay £1.2 million to purchase Charlton Athletic in May 2020. withdrew from the agreement on May 27 due to issues brought on by Roland Duchatelet’s ownership of The Valley and Charlton’s Training Ground.

laurence bassini net worth

Instead, after Ken Anderson agreed to sell the club to him, it was discovered that he had actually officially owned Inner Circle Investments, the business that was in charge of Bolton Wanderers at the time. He made the decision to investigate legal options against Bolton in an effort to stop their takeover and regain control of the club.

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Brumby City F.C.

It was stated that Laurence Bassini was considering purchasing Birmingham City for £27 million in November 2021. In June 2022, other press reports concerning his desire to acquire Birmingham City stated that he had already exchanged contracts to buy a 30 percent stake in the team in a staged transaction.

Wife

Married is Laurence Bassini. His wife is a recluse, and the two of them had kids together. Bassini has a good body weight that fits his personality and a pleasing height of 1.71 meters.

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Mary

I'm a researcher and behavioural therapist with a PhD in Social Media. I also love to travel and drink coffee. Follow my adventures around the world, or just know that I really need to be back at the library.