Welcome to Hereford United Supporters’ Trust
Why YOU need to “OWN YOUR FOOTBALL CLUB”
With the ‘Fans Led Review’ of Football being announced in Parliament, let’s take a few minutes to remind ourselves of its importance.
Football fans, have for years, flocked to watch their chosen team, often in the thousands and in their eyes it is ‘their club’ and it “belongs” to them.
However, in the eyes of the Law, it is a remarkably different matter. Football Clubs are categorised as “Companies” and under Company Law, the Company (Club) is, in fact, owned by its Shareholders. That is to say, whosoever owns more than 50% of the shares owns the Club.
In these circumstances, Owners can, for example:
- Opt to move the ground.
- Change the Club’s colours.
- Move the team to a new league.
Fans, who do not have a say, can do nothing about any of these decisions!
As we have all seen played out in the media, select Premier Club Owners wanted to start a European Super League. Fans strongly protested! Had there not been a strong lobby from Government and Football Governing Bodies, the fans’ protest, would, again, have meant nothing!
You can read more HERE on what all of the above means for fans of Hereford FC
SHARE PURCHASE IN HEREFORD FC
The current investment, from HUST, on behalf of ALL BULLS FANS, into Hereford FC, takes the HUST Shareholding to £289,000 which is 50% of the HFC share capital.
HUST is the largest single shareholder..
The target to get to £289,000 was set for 31st May 2023 – Bulls Fans actually reached this target in December 2022!
So… how can YOU get involved?
Check out our Fundraising Initiatives HERE
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MEMBERSHIP OF HUST
To participate in any Hereford FC debate on how the HUST shares would vote, or input your view either way, you have to be a MEMBER OF HUST
If you are not a member of HUST you will have no say in how the HUST shares are used.