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Tuesday, July 22, 2014

Council Deny £1 Rent Claim


Herefordshire Council have denied that the rent on Edgar Street dropped to £1 with the new leases.

In updating their FAQ on Hereford United yesterday (link) the Council say the rent on the ground is still £10,000 a year. The FAQ also notes that the Council have been told that £52,500 of their debt will be settled this financial year, with the remaining £12,500 next financial year.

The FAQ also says that a proposed land swap on the site, swapping two triangles of land to 'square up' the site, has not been completed with the Council saying the club 'has not taken this option forward'.