Hereford United's winding-up order adjourned until September 1 for club to explore Company Voluntary Arrangement proposal

Hereford United's winding-up order adjourned until September 1 for club to explore Company Voluntary Arrangement proposal

Hereford United's winding-up order adjourned until September 1 for club to explore Company Voluntary Arrangement proposal

First published in News
Last updated
Ledbury Reporter: Photograph of the Author by , Sports Reporter

HEREFORD United will be starting the new season – but a question mark remains over Hereford United's future aftertoday’s High Court hearing.

Registrar Jones adjourned the case until September 1, after he was told that the club is exploring proposals for a Company Voluntary Arrangement (CVA) which it is anticipated would see creditors paid 100 pence in the pound over a three-year period.

He said he would adjourn the case in order ‘to see what happens’ at a meeting currently scheduled to take place on August 15.

Lawyers appeared for two creditors, Her Majesty's Revenue and Customs and Martin Foyle – who had brought the winding-up petition.

United will start the new Southern League Premier Division season at home to St Neots on August 9.

Comments (1)

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6:40pm Mon 28 Jul 14

HUFC New Boy. says...

And so it rumbles on.......and on.....and on. Still no positives words from our leader!!!!!
And so it rumbles on.......and on.....and on. Still no positives words from our leader!!!!! HUFC New Boy.
  • Score: 5

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