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Next Game: Rushall At Home In The League On Saturday 30th November At 3.00pm

Wednesday, November 24, 2021

Report From HUST AGM

HUST, Hereford United Supporters Trust, held their AGM at the Richmond Club last night before the Westfields game.

Richard Tompkins was in the chair. Most of the current directors were present along with about 20 members.

He started with his annual report with a reminder how Covid had affected last season. However HUST had still managed to raise £21K for the club.

Mention was made of Andrew Graham, the former club chairman, and his hard work in trying to get fair compensation and detail from the National League about payments to clubs. 'Brian Barwick where are you?' 

Mike Langford rejoined the HUST board last June.

Toal membership of HUST remains at 320.

Mark Nottingham will join the HUST Board after his nomination was accepted.

Tony Taylor then spoke about HUST's finances and how they had 'emptied their coffers into the club as soon as possible' given the Covid situation. 

Five year membership of HUST is available.

The income in the year to May 31st was down mainly because of receipts from the Matchday Draw were down given tickets could not be sold in the ground only online.

Currently HUST own 47% of the shares in Hereford FC. They hope to purchase some more shares next month given the number of home games coming up.

After purchasing 50% of the shares any surplus HUST money may be given to the club as donations.

It was also noted that Hereford FC are not expected to make a profit this year. However HUST will continue to ensure the club is financially well run.

The meeting then turned to the subject of whether Hereford FC might return to the name of Hereford United. A change can be made in a couple of years time.

HUST had received a resolution proposed by Chris Jones.

'That a vote be taken on whether to continue as Hereford FC or revert to Hereford United'.

The HUST board said it would remain neutral and allow members to decide

Three options about how the details of any vote for a change were put to the meeting. There was a view that for any change HUST would need to put all its votes, as a shareholder, behind any motion. So a 51% majority of its members would carry the motion

This, it was noted, is because the Club would need a vote of 75% of its shareholders to agree. 

However there were other views.

A 75% majority or HUST does nothing.

Or a more flexible approach which said over 75% and HUST supports the change, 50% to 75% and the vote would be apportioned. Less than 50% do nothing. 

Or again 75% or above support the change in full, 25% to 75% support in apportion, or less than 25% vote against.

A vote is expected to take place in January for all adult members of HUST paid up as at December 31st 2021 to decide which option to use for the resolution.