With the announcement this afternoon that chairman Graham Turner has put his shares in Hereford United up for sale we take a look back to January 1998 when he agreed to purchase most of his shares.
Jan 23rd 1998:
HEREFORD United director of football Graham Turner yesterday took control of the cash-stricken club reports the Birmingham Post.
Turner has become the new majority shareholder at Edgar Street and will replace long serving chairman Peter Hill.
After a traumatic week during which the Vauxhall Conference side narrowly avoided a winding-up petition and earned the positive backing of their creditors, the club have now welcomed their new chairman.
Turner said: "I decided that something needed to be done to give the club a future and I made the chairman an offer yesterday.
"Obviously there is a lot to be done to secure the future of the club. Now we have to decide where we go from here.
"The Board will be reconstructed and I will be talking to other people to bring them on board. The intention remains to get Hereford back into the Football League.
"I don't see myself as chairman but I shall be looking to bring in some financial clout. A large part of why I want to take a more active part is the continued support by supporters."
Hill will remain as chairman until third party funding is in place before handing over the reins to the former Aston Villa and Wolves boss, who took over at Edgar Street in 1995.
"I believe after going down to the Vauxhall Conference we must re-group and look to the future. And I do believe there should be a new chairman," said Hill.
"Yesterday I had a proposal and I believed it would be for the future benefit of Hereford United."