With the news that HUST have forwarded Hereford FC another £5K, they now need just £49K to complete their purchase of shares in the football club.
This from HUST:
HUST would like to pay tribute to rank and file Hereford FC supporters. Since February 2020 when the Covid-19 emergency started to bite and affect football in particular, supporters have now channeled £35,000 through HUST’s various fund-raising initiatives into our Football Club.
Today HUST is pleased to advise that another tranche of funds, £5,000, has been paid to Hereford FC. For this we get shares in the Club, and to Hereford FC this is a straight cash injection. There are no restrictions on how Hereford FC can use the money for the benefit of the Club.
This takes the HUST Shareholding and Fan Ownership to £240,000, which is 45.4% of the shares issued and paid for. Supporters have given freely in the knowledge that they too can own a part of their Football Club. We would like to thank all those who have taken part in the various fundraisers to help achieve this in these challenging and uncertain times.
The target is to reach is £289,000 by 31st May 2021 and so own 50% of the Hereford FC Share Capital.