Hereford FC Shareholders Meeting

A meeting of Hereford FC shareholders tonight at Edgar Street was told that the financial figures for 2024/25 had shown a profit of £140,000.

Turnover was £1,500,000.

54% of the turnover was spent on the football budget which includes payments to the manager. 

However the current years figures were unlikely to be as good.

Those present also heard about improvements and repairs needed to the stadium in the near future as such the roof of the Merton Stand. Hopefully football grants will cover up to 70% of the costs.

Other matters discussed included season ticket sales, 1321 this season. It was pointed out that the attendance at a game in itself wasn't the most important issue, it's the income from those attending that counts.

There was no update on the Blackfriars End. 

The loss of spaces in the Merton Meadow car park was noted. It is hoped that an area for disabled parking could be marked out as close to the stadium as possible.

Finally the subject of going 'hybrid' was discussed. In essence the club is looking to change to a 'hybrid' model but there is a cost involved and the club needs to ensure that there is sufficient income to cover the extra costs.