Hereford United have avoided a winding up order by settling their outstanding bill with HM Revenue & Customs. However, they are not out of the wood as they have wages to pay at the end of the month and a further tax bill to meet in the not too far distant future.
In a statement on the club website the board said, ‘As well as our continued work to reduce costs on a day to day basis, we also need to increase fundraising activates to generate around £10,000 extra per month for the remaining months of the season.’
Hereford United have avoided a winding up order by settling their outstanding bill with HM Revenue & Customs. However, they are not out of the wood as they have wages to pay at the end of the month and a further tax bill to meet in the not too far distant future.
In a statement on the club website the board said, ‘As well as our continued work to reduce costs on a day to day basis, we also need to increase fundraising activates to generate around £10,000 extra per month for the remaining months of the season.’
‘This could include donations, fundraising events and club lottery membership to name a few, and we would also extend an invitation to all supporters to suggest other fundraising streams.’
Moving the average attendance towards 2,000 would also boost cash flow as the club ‘inches’ towards a break even target.