Hereford United are at risk of being thrown out of the Football Conference. They did submit a budget for next season, but the league is insisting on compelling evidence that they can meet their obligations and pay football creditors.
Hereford United are at risk of being thrown out of the Football Conference. They did submit a budget for next season, but the league is insisting on compelling evidence that they can meet their obligations and pay football creditors.
The club has total debts of £225,000. Players and staff are awaiting their last two months’ salaries and other clubs require payment for loan players. Tomorrow they face a winding up order in the High Court after former manager Martin Foyle issued a petition against them. It is hoped that the case can be adjourned, but HM Revenue & Customs has also initiated a winding up petition.
There is uncertainty about the ownership of the club with chairman David Keyte claiming that negotiations with new investors have been at an advanced stage for a while.