In a pre-AGM interview, Hereford United chairman Graham Turner has predicted that after six years of profits the club will lose money in the current financial year.
"We're relatively pleased with the way the trading has gone given all the circumstances," Turner told the Official Site.
"We always expected that this recession would hit us this season.
"You've only got to look at the last few mid-week games and the attendances that they have attracted, 1300, 1500 and last night 1200.
"It doesn't take a genius to work out that with nearly a thousand season ticket holders that not much revenue was generated on the night. We were a bit concerned there wasn't enough to cover the security, stewards and gatemen.
"It's a situation we face partly because of the recession, the weather and football live on television and the position we find ourselves in the League.
"We might be in a position that at the end of this season where, for the first time for quite a number of seasons, we will make a loss."