Andy Pilley, the owner of Fleetwood Town FC, has been found guilty of fraud after an eight-month trial at Preston Crown Court according to the Blackpool Gazette.
'After a complex fraud trial at Preston Crown Court which began in October, Pilley has been found guilty on all counts of the charges facing him, in relation to charges of mis-selling energy supplies. The jury reached a unanimous verdict on Friday afternoon and Pilley has been remanded in custody to await sentence.
His Honour Judge Knowles KC has indicated that Pilley, the chairman of Fleetwood Town FC, is likely to face a prison term.'.
Pilley has since said that the verdit will not affect the running of the football club. However the club is in talks with the EFL.
Hereford's new manager Paul Caddis was a coach at Fleetwood last season.