It's understood that one of the two possible investors in Hereford United that have talked to chairman David Keyte is a consortium headed by Jed McCrory who has been involved with Swindon Town.
It's not known whether talks are continuing but it is known that McCrory has been in Hereford in the last week.
BN was told of his interest over two weeks ago and posted a 'speculative' article mentioning McCrory on March 3rd.
The following morning BN was contacted by someone close to the club and asked to take the article down. BN refused citing the view that taking the article down would provoke more not less interest what had been written.
This week another person close to the club asked BN how they had heard about McCrory's interest. Suffice it to say it appears that the name was talked about in the VP club after the home game against Wrexham.
Another name is that of Jed
McCrory formerly chairman of Swindon and before that 'owner' of Banbury
Town. 43 year old McCrory recently tried to buy into Kidderminster Town
but failed.
McCrory was chairman of Swindon
Town until he sold his stake to Lee Power. The Evesham based businessman
led a consortium, Seebeck 87, which purchased 99% of Swindon from
BetFair co-founder Andrew Black just over twelve months ago. However
Power bought some of McCrory's shares last April and the remainder in
December.
Whilst buying Swindon, McCrory was also talking to Cheltenham according to the Bath Chronicle.
"We did have an approach from the consortium who are now at Swindon, but we weren't convinced and you have to be very careful. You have to be very thorough with your due diligence and the fact they wanted to become the controlling stake holders was a problem," said chairman Paul Baker.
Whilst buying Swindon, McCrory was also talking to Cheltenham according to the Bath Chronicle.
"We did have an approach from the consortium who are now at Swindon, but we weren't convinced and you have to be very careful. You have to be very thorough with your due diligence and the fact they wanted to become the controlling stake holders was a problem," said chairman Paul Baker.
Not long after McCrory met
Kidderminster chairman, at the time, Mark Serrell. However, later, the
board of directors at Aggborough turned down McCrory despite his claim
to be have access to £5m of funds possibly from a company called iQuest
Capital Ltd who are based in Cheshire.
"The board did meet with Jed and
he put his proposal to us which we decided to decline," said Ken Rae the
new Kidderminster chairman.
McCrory has also looked at a takeover of Barnsley.
In late January it was suggested by the Barnsley Chronicle that a deal to buy the club for £5M could be 'just days away'. But it didn't happen.
Owner Patrick Cryne later said he would only sell to someone who he believed would build the club in the future.
McCrory has also looked at a takeover of Barnsley.
In late January it was suggested by the Barnsley Chronicle that a deal to buy the club for £5M could be 'just days away'. But it didn't happen.
Owner Patrick Cryne later said he would only sell to someone who he believed would build the club in the future.