Smith could close Chester
First it's Exeter, now it's Chester who have financial problems and both clubs, just like Hereford United, are suffering from decisions taken by previous boards of directors.
Chester City owner Stephen Vaughan and his fellow directors have launched a legal battle against former owner Terry Smith after the club has been ordered to pay £300,000 to the American, according to the Chester Evening Leader.
Terry Smith and his father have warned the club that they will close the club if the debt is not paid but the club is hoping to overturn a county court's ruling. Should the club fail it will have to pay the debt.
Vaughan has reportedly put over a £1 million pounds into Chester and the club was starting to reap the benefits from his investments. It is not yet known when any challenge to the court ruling will be heard.
Meanwhile, Hereford supporters will be delighted to learn that Ben Smith (no relation) has been chosen as the new Conference Television player of the month for August.