Hereford United have been wound up. Registrar issued compulsory order around 4.35pm.
The 1939 Limited Company has been wound up.
It was the club's 13th appearance.
Lonsdale had promised to put £1M in.
Club's Barrister said that Lonsdale had got funds but Registrar said that as Lonsdale hadn't got to the court with evidence, Registrar wound up it.
Reportedly Lonsdale was 'stuck in traffic'.
A liquidator is expected to be appointed.
There is an appeals process.
Reaction from Martin Watson for HUST.
"It hurts but it had to be.
"We didn't think it would come to this. We were promised so much but nothing.
"The thing we loved for generations has gone.
"We'll pick the pieces up and start again and we will have the people of Hereford at our heart."
Herefordshire Council have issued a statement:
As Hereford United Football Club (1939) Limited is in the process of being wound up and a liquidator will be appointed, this action triggers the council’s right as landlord to forfeit the leases. The council will now pursue this and seek to gain formal repossession of all three sites leased to the club.
Once the ground has been secured, the council will consider the appropriate process for procuring a new tenant to ensure the continuation of football.
Council will go to Court on Monday to start getting ground back.
Later HUST chairman Chris Williams spoke to BBC H&W.
"The old club had to die before the new club could be created."