Craig Stanley has left Edgar Street after failing to agree terms on a new deal, according to the Hereford Times.
Stanley, 23, played 94 times for the club in two seasons, missing just eight games in his time at the club after signing from Telford. He was named by Alex Inglethorpe as a target for the former Exeter manager before his St James Park departure, and may still follow Adam Stansfield to Devon.
However, young prospect Sam Gwynne has signed a new deal and brings the number of players currently contracted to nine. Stanley's departure means the Bulls are likely to bring in up to a dozen new faces for their return to the League.
Only Tamika Mkandawire's future remains unresolved with the main stumbling block believed to be over the length of the contract. Tam is believed to be looking for a 12 month deal, which will mean he could leave on a Bosman free next summer, with the club offering a two year contract.
The Hereford Times also reports that Season Ticket sales are strong with £10-15,000 worth of sales each day since the opening day rush, suggesting that around £100,000 has been banked from sales.