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Former director Tim Russon has confirmed to BN that he has sold his shareholding in Hereford United.
Russon became involved with the Bulls when he joined chairman David Keyte to buy a controlling share in the club from former directors Graham Turner and Joan Fennessey.
However the partnership between Russon and Keyte became strained earlier this year and after some deliberation Russon decided to quit the board.
Russon would not reveal to BN who has purchased his shareholding but there is speculation that the person is someone with close links to the current directors.
