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Two re-elected to board
Hugh Brookes, the Hereford United director, has said that last season's loss should be 'significantly lower' after the club lost £108,913 in the 2000/01 season.
He made this announcement at Monday's fifty-fourth AGM of Hereford United where fourteen shareholders and six directors were present, as reported by Richard Prime in today's Hereford Times.
Chairman Graham Turner said that an informal shareholders' meeting would be held on December 9th to update people on the redevelopment of the Edgar Street grid.
In the meeting, which lasted just twelve minutes, directors Ron Jukes and George Hyde retained their positions and Turner thanked main sponsors Sun Valley, other sponsors, advertisers and supporters for their backing and off-the-field staff for their hard work.
In an informal question-and-answer session after the main meeting, Turner said that there seemed to be an `impasse' between the council and developers over what may happen on the football ground.
His fellow director George Hyde added, however, that there were `reassuring noises' coming from both developers Chelverton and Herefordshire Council.
Turner agreed that there was no advantage to Chelverton in putting the club out of business and the presence of major developers the Richardson brothers could be very positive.
"We're told that it's to our advantage that the Richardsons are part of the deal," he said. "We're told they will not do anything harmful to the club as it would harm their image."
In response to a question, Turner said that the club was still legally contracted to support relocation.
"But it's very evident that there will be no relocation," he said, confirming that the club had now paid off 40p in the pound of its commitment under the Company Voluntary Arrangement undertaken in 1998.
Hyde concluded by paying tribute to Graham Turner, company secretary Joan Fennessy and chief scout Ron Jukes.
"How many people would go six months without a salary like they did? That is dedication beyond the call of duty," he said. "The teamwork off the field is brilliant."