Gareth Davies spoke to BBC Hereford and Worcester on Friday afternoon in the wake of Hereford United's winding up.
"Absolutely devastated. As a young footballer I was lucky eought to wear that shirt as a professional footballer and it just breaks my heart to be sat here thinking where has it all gone wrong.
"The only answer I can come up with is that Governance has got a lot to answer for in their process."
Asked by Andrew Easton as to who exactly he blamed for the demise of Hereford United, Davies responded: "It's the FA. They've got processes in place. David Keyte went out there and found new owners of that club.
"I'm not a businessman - I'm a football man - I went to see Mr Lonsdale three weeks ago. I made him think I could help him. That was the only way I could get a meeting. I never told many people, two people, and I came back and told them this club is going under within weeks.
"The problem, right from the start, was that David Keyte was allowed to still be chairman on the paperwork and, for that reason, the FA had to go with it.
"By the time Tommy then Lonsdale had to go through the Fit & Proper test it was too late. It was never going to work. The FA couldn't do anything about it."
Further asked, Davies added: "The biggest mistake David Keyte made is that he didn't use good people that support this club - and there is an number of people I could name that could help keep that club running without getting - so called - football businessmen.
"They're not "football businessmen". All they wanted to do was make money- and ruin the club."
"The saddest thing for me is that my two boys are part of the youth programme with UITC."
I wanted them to play with that Hereford United badge on their chest. Today is a sad day, but they might have an opportunity to still to do that because - while they were in charge - the new regime - I would never - ever - have let my children play for them.
"That club gave me my career and I wouldn't be doing the job today if it wasn't for Hereford United and the supporters that have backed me 100%.
So, hopefully, as the one supporter has said, it's a ten year plan now but it's got to be the right people in charge. It's got to be good business people that love Hereford United just as much."