Watford will not go over FFP, they've got very little outlay. It may be cheating in all but name but at the moment its legal. Multi club ownership is distorting Watfords ability to sign better quality players to the detriment of every other club in the division. Forest and Leicester are a total...
Theres a difference between having a loan with most of his wages paid by the parent club and being given an entire side plus a couple of subs for free.
Theres no way Watford, with their 13000 crowds and appropriately limited income could finance these signings without smashing the FFP regulations. I pretty much guarantee you Udinese and Grenada are taking the hit on transfer and signing on fees and possibly even part of the wages leaving...
He may be their first loan signing but what about the dozen or so free transfers from udinese and grenada. It doesn't matter how you look at it Watfords owners are using the other 2 clubs to finance a promotion chase , skirt the new FFP rules and get their greedy little mits on the premier...