After last night's Hereford FC AGM chairman Ken Kinnersley spoke to Bulls News.
During the meeting mention was made of the recent drop in gates and whether that drop would hit any potential profit in the current year.
"It is difficult to say. It is one of the reasons we put a big emphasis on the sale of season tickets because it reduces the variables in terms of the income during the year," said Kinnersley.
"We've got a very good balance to start from and hopefully going forward with new players coming in, I know fans have been a bit disappointed recently, we should see some improvement.
"It is very much a consolidation, this is a really hard league.
"Perhaps some people under-estimated the quality of football in this league.
"Obviously the long term is to build not so much with loan players but with our own players.
"Hopefully some will come from the academy, indeed we hope that some from the academy will go on to big things because we know that we are always going to be a selling club.
"We've got some really good coaches in the academy which is very well run by director Paul Quarrell. Give us a few years and I think we shall see some results."
"We had a meeting on Wednesday involving a lot of people who are involved, all sorts of different trades, so it is moving ahead but it could be two years before we see anything happening."
It is hoped the the club's contribution to the redevelopment of the Blackfriars End would be minimal.
"The Football Foundation is set out in a way that the amount of money any one club can claim is, I think, £500,000 but that is over a period of thirty years. And we've got four sides to look at.
"So the point was I making earlier was that if the Council are looking to use some of that grant-aided funding towards the new stand they are offering then as far as the football club is concerned we would only be prepared to use 25% of that total grant because we have three other sides to worry about."
Recently the main office has had scaffolding around it.
"There was storm damage on October 12th. Two asbestos panels came loose.
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"The Board decided that, with a eye on public safety which was paramount because we (directors) are all personally liable, the only way to protect the public was to put that scaffolding up and make sure that a) the panels were protected from the wind as much as possible and b) if they did come off any fall would be constrained by the scaffolding.
"The loss adjustor has been and looked at it. It's insured by Herefordshire Council. So storm damage is covered, as is the scaffolding and some of the repairs.
"As we've got this far, the plan is to remove all of the asbestos cladding and then we'll have to look at recladding so there will be some cost implications for the football club."
With the HUST resolutions in mind Kinnersley mentioned the benefactors without whom he felt there would not be any football at Edgar Street.
"We have a situation where were it not four those original four but eventually five benefactors there would be no football club at Edgar Street. Of that I am absolutely convinced.
"They were people who lost money when Hereford United went under yet were still prepared as fans to put their own personnel money, a total of £250,000 into Hereford FC.
"Without that money I'm quite convinced we wouldn't have secured a lease from the Council. Part of the strength of our case was that we had these people behind the football club. That secured the lease.
"The deal that was announced at the Welsh Club included that 50% of the shares would be ring-fenced for the Supporters Club to purchase and before they bought a share they had three seats on the board. I think the fans were pleased with that. Not only was there the probability of a football club but also meaningful fan involvment.
"As regards the vote I really don't know what exercised on people's mind but perhaps people felt it was too soon. I don't know."