Chairman Jimmy Russo admits Watford 'face major challenges' as he bids too keep Brendan Rodgers happy while the club lose money.
Watford beat the loan deadline to land centre-half Andrei Stepanovs until the end of the season after a successful trial.
Watford have taken experienced Estonia international defender Andrei Stepanov on trial with a view to a permanent deal.
Watford have signed teenage midfielder Danny Rose from Spurs on loan until the end of the season.
Brendan Rodgers has admitted that he could renew his interest in taking Ipswich midfielder Veliche Shumulikoski to Watford this summer.
Striker Grzegorz Rasiak's continued absence with a groin injury means Watford will be unchanged for Saturday's trip to Ipswich Town.
Watford manager Brendan Rodgers insists Cardiff should not have been given a late penalty in the 2-1 defeat at Ninian Park.
Hornets boss Brendan Rodgers has confirmed Tommy Smith and captain Jay DeMerit are fit for tonight's trip to high-flying Cardiff City.
Grzegorz Rasiak has been ruled out for a month due to a groin injury he suffered in Watford's win over Nottingham Forest last week.
Ipswich boss Jim Magilton has ruled out a swap with Watford involving Veliche Shumulikoski and told QPR and Preston he can't join them.
Watford are sweating on the fitness of Grzegorz Rasiak for the clash with Sheffield Wednesday because of a groin injury.
Watford midfielder John Eustace admits he would be interested in a longer deal at Derby after making his debut on loan in midweek.
First-team coach Malky Mackay says Watford are not safe from the drop despite a fifth win in six games against Nottingham Forest.
Top scorer Tommy Smith is facing a late fitness test to see if he will be fit enough for Watford's home game against Nottingham Forest.
John Eustace has left Watford to join Championship rivals Derby County on loan for the remainder of the season.
Watford are hoping skipper Jay DeMerit can overcome a calf strain in time for the trip to bottom club Charlton this weekend.
Watford will make the trip to Charlton on Saturday in confident mood, according to boss Brendan Rodgers.
Watford boss Brendan Rodgers was disappointed that "two mistakes" cost his side in last night's 2-1 defeat at Plymouth.
Watford skipper Jay DeMerit will be given a late fitness test on his calf strain to see if he can play against Plymouth tonight.
Don Cowie says Watford is the place to be right now after he helped Brendan Rodgers' side claim a win over Crystal Palace on Saturday.
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