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More players expected to put pen to paper
More news on players putting pen to paper should be revealed in the next two or three days. Graham Turner has had a few days out of the office but is expected to return today. It is believed David Brown and Simon Travis will be the next two players to sign for the forth-coming season.
And there may be some pointers as to whether Matt Baker is staying at Edgar Street. He may talk to Turner before joining the English squad in Scotland for the Four-Nation Tournament later today.
It is also thought that Turner has talked to a couple of players, including a striker, recently released by other clubs. Turner has a slightly bigger budget to work with after last season, but will be careful with the purse-strings.
Turner last week gave an interview to BBC Hereford & Worcester about the financial situation at Edgar Street in which he said he was hopeful that the recent offer to clear the CVA will ease matters allowing him a little more freedom in how he spends the income of the club.
"The indications from the supervisors were that it could possibly go through in the next four to five weeks. We made an offer two months ago but the wheels of finance are very slow moving and we are waiting for answers from the major creditors.
"It's looking positive at the moment, and we could be out of the CVA in the next four to five weeks."
He explained more about Hereford United's CVA :"The previous board agreed a pound in the pound repayment whereas most clubs perhaps agreed 10p in the pound with their creditors. 40p has been paid. The remaining 60p was on the relocation of the club which will not happen, so that 60p will never be available.
"So we are hoping that the major creditors will accept a lower figure. That offer has been put to them and we are awaiting an answer from one or two of them. But it certainly sounding positive at the moment."
Asked what getting out of the CVA would mean to the club, Turner continued: "I think it would give us greater scope and freedom to spend our money where we want to. We had one little brush with the taxman when we were a little bit behind with our annual returns. All he had to do was to inform the superviser that the CVA had failed and it would be an almost instant winding up of the club. It doesn't even have to go to court and that's always been a worry.
"From the gates we've been getting and the transfer of Paul Parry, the finance of the club has stabilised. We haven't had to worry from one week to the next.
"What ever happens next season, we've got further monies to come from Paul Parry. So our position has stabilised and that hasn't half easied the burden on Joan Fennessey and myself.
"We still have to approach things sensibily. We can't go overboard. We've seen what's happened at Telford."