Keyte Wants More Financial Support For Bulls

David Keyte has told the Hereford Times he whilst he is committed to the club he feels others should help with the finances at this difficult time.

 “I am totally committed but I am now revisiting the financial commitment,” said the Hereford United chairman.

“Up until now, we have had a board of directors who have taken it upon themselves to cover the financial ups and downs of running a football club.

“My recent letter to shareholders was to suggest that, based on the very low crowds, it was pushing it beyond what we should expect of any group of three or four to do.

“I, as have my colleagues, have put a lot of money in and you have to step back and say that enough is enough.”

Keyte said he had spoken to director of football about his position at the club which some supporters feel may not be worthwhile.

“Gary Peters is still here doing bits and pieces for Martin Foyle,” said Keyte.

“I spoke to him at length on Tuesday and all I can really say is that we are
exploring all avenues.”

Luckily the investment in the Starlite Rooms is proving very useful.

“Taking the fixtures on a month by-month basis, usually you have two home matches where we are budgeting to get £15,000 per match after the VAT man and we have been banking £8,000.

“Without the extra income from the Starlite Rooms, it would be very stark at the moment.”

The shareholders meeting is next Tuesday.

“My letter included an invite to come to a fairly open discussion next Tuesday,” he said.

“While I have not yet had any direct response, the important thing was to get it our there and set people thinking.” 

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