Watford's potential takeover by the Pozzo family is now off, according to current owner Laurence Bassini.
The Hornets, who are yet to make an official statement on the development, confirmed earlier this week they had agreed a deal in principle to sell the club to the Pozzo family.
The Italians already own Serie A side Udinese and Spanish team Granada and looked well poised to take the reins at Vicarage Road, with Gianfranco Zola even heavily linked with a prospective role at Vicarage Road.
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