The Board of HUST is delighted to be able to announce that it has been resolved to allocate the sum of £30,000 for purchase of shares in Hereford FC.
This allocation is made up of three elements, namely: Profits from 50/50 draw sales, profits from The Prize Bull Lottery and sundry donations from members.
The Board is aware of the vast expenditure that is necessary to make improvements to the stadium and its facilities and that major investment has already been earmarked for the playing surface.
It is for this purpose that we would wish this share purchase to be allocated.
These funds will be released at the conclusion of the S.G.M. on June 9th.
Further details regarding the S.G.M. and a fifth benefactor to The Football Club will be released in the next few days.
Frank Williams – HUST Press Officer.