Turner Comments on Accounts

Hereford United chairman Graham Turner has commented on the annual accounts which has just been released.

Whilst profits are well down Turner stressed that the Board of Directors are determined to ensure the long-term viability of the club.

"For the sixth consecutive season a profit, albeit very modest one this year, was achieved.

"At a time when so many Premiership and Football League Clubs are struggling with their finances we continue to buck the trend."

Turner and the Board beleive the future is secure.

"To sum up, the club is capable of trading profitably; a new long term lease will provide security of tenure, the debt to the Richardsons settled, two new stands and new income stremms leads the Board of Directors to believe that the club will be in great shape to progress on and off the field and that the long term future of the club looks very bright."

---