The Bulls have released a statement saying that they have reached agreement with the Council over new leases on Edgar Street.
The deal will now have to be put on paper and signed, with the completion hoped for at some point next week. Non-Executive Director Bob Pritchard told the official site:
"This is a milestone for Hereford United in securing a 30 year term that can be extended to 250 years when development is confirmed at one or both ends of the ground"