Hereford chairman Chris Ammonds says the club are working hard to limit financial losses.
Hereford FC shareholders were told this evening that the club is expected to have made a loss of £45,000 in the year ending May 31st 2023.
The losses for the last four years amount to a staggering £628,000.
And the shareholders' funds at May 31st were down to just £5,000.
In essence, the club was close to folding.
However, season tickets sales started just in time to improve finances and along with good gates so far this season the position has improved.
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