Watford owner Gino Pozzo and CEO and chairman Scott Duxbury have released a joint statement claiming their efforts were "not good enough" after the club was relegated from the Premier League.

We have to be scrupulously honest with ourselves and admit our efforts surrounding the team were not good enough.He promised to make changes to help the team become stronger and return to the top flight 'We will make changes where the team is concerned and those changes will make us stronger, ready to face the challenges that lie ahead and rekindle the passion that has always been a hallmark of this great club. Watford owner Gino Pozzo has sent fans an open letter admitting the Hornets made “mistakes surrounding the team” leading to relegation. Watford return to the Sky Bet Championship after five years in the top flight Watford owner Gino Pozzo has promised to do "everything in his power" to return the club to the Premier League.

'Everything we have achieved as a club over the past eight years should not be forgotten.'

Prominent examples include In 2007–08, Pozzo was elected the best president in Serie A. “The conditions are not right yet,” Pozzo said about the Premier League. 'Rest assured, we will do everything in our power to take Watford Football Club back to the Premier League, something we all believe we can achieve.' The Hornets will be competing in the Championship next season after a chaotic campaign that saw three manager sackings and a rollercoaster ride fighting the drop, with their fate sealed on the final day after a 3-2 loss to The Hertfordshire side looked to be on course for a miraculous survival after Nigel Pearson inspired an upturn in results, but form took a dip after the top flight restart and he was dismissed - with Hayden Mullins taking charge for the final two games.Watford's relegation was confirmed on the final day of the season after a 3-2 loss to ArsenalOwner Gino Pozzo had admitted 'mistakes surrounding the team' during a chaotic season But the caretaker could not inspire an improvement as the team were beaten 4-0 by Manchester City before their narrow defeat to the Gunners, and Italian Pozzo, alongside chairman Scott Duxbury, has taken time to write to supporters, telling them 'our efforts weren't good enough'. And he … 'The world hasn't stopped turning - even though at times yesterday we all had a feeling of despair,' the statement read. Watford owner Gino Pozzo has penned an open letter to the club's supporters following their relegation from the Premier League - admitting there were 'mistakes surrounding the team'. Father of Watford owner Gino Pozzo, Giampaolo, has said that he thinks the Premier League is rushing back too soon. After Pallacanestro Amatori Udine, better known as In 2009, Pozzo purchased Spanish club 'But from despair has to come hope. We are no longer accepting comments on this article.Published by Associated Newspapers LtdPart of the Daily Mail, The Mail on Sunday & Metro Media Group 'In sport, you will always face moments of great disappointment but it's how you react that defines you.

'We will not allow the core values of Watford FC to become diluted simply because we are not playing in the Premier League. His son Gino is the owner of Watford FC in England. After a poor season in 1987–88, Pozzo retained In 1990, a phone call between Pozzo and the president of Since the 1994–95 season, Udinese has qualified for the The Udinese model is based upon an extensive scouting network across the world that buys young and upcoming talent for relatively small sums and when they turn into stars, sell them on for a large profit which is then reinvested in the club and other signings.

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