Text at top (next game etc)

Next Game: Boston At Edgar Street On Saturday April 20th Kick-Off 3.00pm

Wednesday, September 25, 2013

Meeting "Appropriate Time And Place" For Share Discussion


In his notes from last night's programme, David Keyte is disappointed that fans have been discussing tomorrow's share vote on 'unofficial' platforms.

He wrote: "In my view, a formal meeting will always be the appropriate time and place to debate issues, answer questions and decide upon the best way forward for Hereford United Football Club (1939) Ltd.

"It is totally inappropriate and unprofessional to publicise the financial dealings of a Private Limited Company through the realms of unofficial websites and forums, and thus attract opinions of non-shareholders.

"They, understandably, are often ill-informed opinions as, to be fair, they are not privee to the facts."

Meanwhile, Bob Pritchard has also used the programme to expand a little on the proposals for redevelopment. In a lengthy piece in the magazine, he says the club will now enter three separate leases for the ground of 30 years each with the option to extend them to 250 years 'on disposal of any of the development land at either end'.

Pritchard adds that the latest delays to agreeing the leases have been in order to 'avoid any future tax liabilities'. He also expands information on the previously announced stands, a 2,000 capacity terrace at the Meadow End and a 1,200 seat stand at the Blackfriars End.

The Blackfriars End proposal is for a five storey building totalling 60,000sq ft, with hotel, office, retail and residential use under consideration. The Meadow End would see a 24,000sq ft four storey construction, with a proposal to joint-market the site with the Council to improve the value of the site.