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Thursday, May 08, 2014

More From Keyte About Possible Deal


In an interview with Richard Prime of the Hereford Times, Hereford United chairman David Keyte appears confident a deal with investors can be concluded shortly.

"We are continuing to have discussions with two parties of outside investors," said Keyte.

"We expect to conclude the process within the next ten days."

The paper suggests one of the investors might be a 'Kensington-based property company'.

"Time is ticking towards the Conference AGM at the beginning of June.

"By then football creditors have to be paid which includes fees for loan players, players wages and back-wages for Martin Foyle but not his dismissal compensation."

Keyte also said that if a consortium comes with a lot of money, they may bring in their own manager.

"We have to sort out the manager's position."