Hereford United Supporters Trust (HUST)'s proposal to get a fourth nominated director on the club's board wasn't passed by shareholders at tonight's AGM.
40.5% of the votes were in favour, short of the 75% needed for it to be passed.
Before tonight's meeting HUST said that an equal partnership between private shareholders and the Trust represents the best, and indeed the only realistic, way forward for the club given the model of sustainability to which it's committed.