NEXT HOME GAME - TBC
NEXT AWAY GAME - SUPPORTERS XI ARE PLAYING WORCESTER AT MALVERN ON SUNDAY AUGUST 3rd AT 3.00pm

Thursday, May 12, 2005

Profit allows improvements to continue

The season just ended is expected to have shown another profit for Hereford United. Although the financial year does not end until the last day of May, Graham Turner will be aware that his prudent budgeting will allow the club to consider spending a little more money on players wages and possibly another one or two projects to upgrade Edgar Street.

The improvements to the dressing rooms are not yet finished, but most of the structural work has been completed. There remains some plastering and general decoration to be done.

However the club has refurbished the gym and purchased some new equipment.

The next item on the list of improvements is beleived to be the floodlights. Turner stated in March that the lights were not up to league standard. Estimates were recently sought for this project.

It is thought that most of the cost will be met from club resources, however there may be the possibility of a grant towards this work.

The problem Turner faces is that he has to keep making a profit if the club is to go ahead with work that is urgently required. Hereford United does not have a sugar-daddy unlike some other Conference clubs. In many ways it may be better without one as then everybody can feel part of any success that might come along.

Early indications suggest that the club has made in the region of around £150,000 this year against a record profit of nearly £300,000 last year.

The dip in profits can be partly put down to lower attendances and less transfer income. However income from cup competitions will partly offset the drop.

There is a possibility that the figure of £150,000 could be higher should a transfer fee be received for any of the four under-24 players at Edgar Street yet to agree terms assuming any deal is done by the end of the month.

Whatever the figure finally turns out to be supporters of Hereford United can look forward to more improvements at the ground.