NEXT HOME GAME - TBC
NEXT AWAY GAME - SUPPORTERS XI ARE PLAYING WORCESTER AT MALVERN ON SUNDAY AUGUST 3rd AT 3.00pm

Tuesday, April 29, 2014

Trust Want To Know Level Of Debt At Hereford


HUST, the Hereford United Supporters Trust, want to know the level of debt at the football club before committing themselves to investing in the club.

The trust has had pledges of well over £100K and have written to chairman David Keyte about looking at the books.

"We could be looking at doing a deal inside the next four weeks," vice chairman Martin Watson told BBC Hereford & Worcester.

"We are more or less at the point where we could say we could go in and take the club forward.

"The decision is entirely down to the board. The indication that I've had is that they're open to discussion. 

"It sounds like we're going to get another winding-up order.

"But the big thing now is working out, not so much getting past the next six weeks, but how we deal with the upcoming debts after the next six weeks.

"It's how we trade our way through the situation so the next thing to do is to get a look at the books, work out what figures are needed when and see how we progress up because, at the end of the day, even if we got through the next six weeks, we'd still be hitting crisis after crisis. 

"Even though this season is over and a large amount of the players' wages have stopped with contracts ending, the bills will continue.

"We have to work out a plan. There's no sense in throwing money into a black hole, to hit another wall in a couple of months' time."