This live event has finished
- Follow our live blog as Hereford United face the Football Conference board as they plead for Conference survival.
- Hereford United face relegation from the Conference after failing to pay their football creditors by a 5pm deadline yesterday.
“@JamboWisard998: @HTnewsroom thanks for the blog today, without it I think Bulls fans would be climbing the walls” Well said, thanks.— @caroting 06 June 2014
What a remarkable afternoon it has been and thank you very much for following our live blog.
I was hearing rumours that Hereford United had been kicked out of the Conference.
But the club have been given one last chance to pay their bills.
The deadline for the payments has been kept confidential by the Conference board.
The Conference clearly do not want to kill off clubs and Hereford United have been given one last chance.
The new director of Hereford United, Andrew Green, was the other person with David Keyte today.
Hereford United are not out of the woods but they have been given a lifeline by the Conference board of directors.
Hereford United are now in a last chance saloon.
Chairman David Keyte will be back for the annual general meeting tomorrow at 11am and bringing with him company secretary Lee Symonds.
The Football Conference Ltd has made the following statement re membership:
Persuant to article 5.2 of the limited company articles of association, a quorate meeting of its board of directors today met to consider matters of membership ahead of the agm.
In the case of Hereford United 1939 Ltd (company 355272) being represented by chairman David Keyte and director Andrew Green, the board unanimously agreed that the club can retain membership of the limited company and their place in the Football Conference Premer Division providing financial payments are secured as directed by the board.
Failure to meet the financial conditions imposed, the club's membership would be revoked.
Chairman Dave Keyte has just left the meeting and did not want to make a statement.
He looked emotionally-drenched and we shook hands.
It has been a wretched time for the club.
The Conference board are preparing a statement - so please stay tuned.
I will keep you posted with any news when the board members come out of this meeting.
Thanks for following the live blog this afternoon and, from what I am being told, a lot of people in Hereford have been reading it.
Conference general manager Dennis Strudwick did warn me earlier that today's board meeting could last until 6pm.
Hopefully, there will be a statement from the Conference shortly or, perhaps, David Keyte.
But the meeting is still in progress.
Hereford United's new representative has just walked past me and didn't seem too distraught.
The Hereford United representatives are still inside the board room...
Still awaiting the Hereford United representatives to come out of the board room.
Two representatives from the other club have just walked past me and appeared to be fairly pleased with their own decision.
There has been a 'change in the batting order', the Conference official has told me.
Two representatives of another club are going into the boardroom before Hereford United.
"@_DavePowell: Hereford United Trust vice chair Martin Watson has tweeted that club are 'gone'. Source is another club at AGM." #agmcup— @EducatedLeftFt 06 June 2014
The decision on Hereford United's future looks set to be delivered to Keyte in the next few minutes.
Dave Keyte and his associate have just walked past me and are heading in the direction of the board meeting...
It is now a matter of sitting and waiting to hear the fate of Hereford United.
It is a probably a good time to reflect and wonder how the club has fallen so badly and so far in such a short space of time.
Four years ago this week, I was at Edgar Street for the unveiling of Dave Keyte and Tim Russon as United's majority shareholders.
Today, could arguably, be the worst day in the history of Hereford United.
Hereford United supporters must be refreshing this live blog, hoping and praying for some positive news.
Hopefully, we might have some concrete news to deliver in the next hour, after the board have finished their discussions.
When you are not inside a meeting and those that are are 'not at liberty to speak' it is very hard to get a handle on the mood.
Hereford United chairman David Keyte and the other club representative are not in the board meeting at the moment as deliberations are continuing.
There are other Conference clubs, too, who have had financial problems this season
@MarkSJordan to be fair i'm just refreshing @HTnewsroom blog like a mad man and tweeting what comes out— @JamboWisard998 06 June 2014
Just had a nice sunbathe/swim. Now, in the hotel keeping up-to-date with HUFC's fortunes back in the UK. Keep me informed @HTnewsroom— @podge1983 06 June 2014
The Conference spokesman said Hereford United probably won't be making a statement.— @JamboWisard998 06 June 2014
Bulls fans are living on a knife edge once again as the club's future in the Conference hangs by a thread.
They are awaiting a possible press comment - maybe due at 5pm.
RT @Hereford64: Can't take anymore off for a few pints and think of the good old times ie Leicester Brentford , remember Hereford till I di…— @Stevieandwarner 06 June 2014
We cannot bring much more for the time being but thanks for being patient for the past two hours.
All the Conference board are in the meeting and a press statement might be made by the Conference after 5pm today.
A Conference spokesman has just told me that a press statement might be made after 5pm but not before.
He also said that there might not be a statement made.
The Conference spokesman said Hereford United probably won't be making a statement.
No other press or media are present.
I can't tell whether this blog makes interesting reading.
But the last 90 minutes must have felt like agony for those who are passionate about Hereford United.
RT @rcheeso: @omid9 if Hereford United get through Conference AGM and still alive I will buy your World Cup song #doitagain & be dancing li…— @Istanbull 06 June 2014
David Keyte and the other representative from Hereford United, whom I do not recognise, have just been called back into a room by a Conference board official.
It would appear that the Conference board is discussing Hereford United's fate at this very moment.
David Keyte is also stood outside the meeting room now - the rest of the Conference board members are still inside.
For those who have never been to the Celtic Manor, it is an outstanding venue and based on the outskirts of Newport.
We have some action.
The man who was with David Keyte has just come out of the meeting and is speaking on his mobile phone.
Former Hereford United striker Michael Rankine has just tweeted that he is still awaiting a call from the club about his outstanding wages.
My Hereford United stress ball has been going through some tough times lately. http://t.co/NcOvOoGoca— @Jon_W7 06 June 2014
@HTnewsroom Hayes & Yeading wait on the verdict as well, our appeal was rejected but we can stay in step 2 if you are expelled!— @sXePotter 06 June 2014
We are trying to clarify Grenville Smith's position at Hereford United.
Dave Preedy, as we know, resigned from the board of directors a few weeks ago.
We are trying to find out whether Grenville remains as a director or has, too, stood down.
For those who have never been to the Celtic Manor, it is an outstanding venue and based on the outskirts of Newport.
So this afternoon at the dayjob working on my normal computer, the other computer next to me has the live feed from @HTnewsroom #HUFC— @MattHealeyDJ 06 June 2014
A lot of Chester FC fans will also be nervously awaiting news from the board meeting which is currently in progress.
There is sure to be some sympathy for Hereford United's troubles and David Keyte, naturally, looked very nervous ahead of the meeting.
I read on message boards that a few Hereford United fans might be coming along today, but I haven't seen any.
The board meeting is taking place in the room in front of me.
Hopefully, we will be able to speak to Dave Keyte when he comes out of the meeting at some point this afternoon.
The last time I saw him was at Aldershot - that dramatic match feels like it happened a long time ago.
Among those at the prospective trustees meeting of United's Community Trust were Peter Knight and Ivan Powell.
As has been reported previously, Jamie Edwards has resigned and is understood to be heading to work at Shrewsbury Town.
Nick Nenadich is very upbeat about the next 12 months for the Hereford United Community Trust and it won't be affected by the outcome of today's Conference board meeting.
Away from this meeting, there has been a positive meeting today in Hereford with the prospective trustees of Hereford United Communitg Trust.
RT @HTnewsroom: Hereford Times sports reporter Ian Morgan is at the Celtic Manor - follow his live Hereford United blog on http://t.co/2lpe…— @blueline_taxi 06 June 2014
As far as I could see, Hereford United's new owner Tommy Agombar is not at the Celtic Manor for this meeting.
David Keyte, who is with a man whom I do not recognise, has just been called into the board meeting.
Keyte is smartly dressed and we shared a few words on his arrival.
As it is not a public meeting, the press are not allowed in.
The club's date with destiny has begun.
Hereford United chairman David Keyte has just arrived in the lounge ahead of the board meeting.
The members have gone into the room ahead of the board meeting and Hereford United's representative will be called in.
However, Hereford United's representatives are likely to be out of the meeting before 6pm.
Conference general manager Dennis Strudick says he expects today's board meeting could last until 6pm.
Our sports reporter Ian Morgan is at the resort and will be trying to speak to key people.
He has not seen Hereford United chairman David Keyte yet in the surrounds of the meeting room.
The members of the Conference board are starting to gather for Hereford United's meeting in the Cardiff Suite at Celtic Manor.
The meeting is expected to start in 23 minutes.
Hereford United are expected to be meeting with the Football Conference board at 2pm at the Celtic Manor in Newport.
RT @HTnewsroom: New owner Tommy Agombar claims payments to Hereford United's admin staff will be made today ahead of Conference's board mee…— @Corey_HYUFC1997 06 June 2014
SENIOR officers of Herefordshire Council have met with the reported new owner of Hereford United.
But the council has stressed today that the meetings between those officers and businessman Tommy Agombar were “standard introductions” with no outline of future plans for the club.
In a statement, the council said it had yet to receive “formal notification” of the club’s new ownership arrangements and could not take part in negotiations without it.
Mr Agombar, the council confirmed, was introduced to those senior officers he could expect to “engage with” in future.
With United’s club’s own future on the brink, the terms of the lease the council has with the club over the Edgar Street ground stay unchanged.
The council and the club are closely entwined and most recently worked closely to negotiate new leases on the ground.
Assigning the Edgar Street leases – one for 75 years on the ground and terracing to the west, the other for 33 years for the stand and parking area to the east and both dating from 1982 - was one of the last big deals done by the former Hereford City Council.
During the late 1990s, with United facing severe financial problems, the leases were reassigned to property developers in return for a £1m capital injection into the club.
The money was made available through two companies, the BS (Bristol Stadium) Group and Chelverton.
BS and Chelverton took equal ownership of a special purpose company called Formsole Ltd which made the investment and held the leases – as the tenant under both – with the club holding sub-leases.
By August 2001, BS had sold its “loan” to Chelverton which ran into trouble little over a year later when control of the leases passed to Carillion Richardson.
United still owed £1m plus interest to Formsole which stayed solvent when Chelverton went into liquidation.
It was about this time there was talk of United leaving Edgar Street allowing Formsole to sell the site.
This talk came to nothing and by 2003 it was clear the club was staying at Edgar Street.
The reassignment of the leases was supported by Herefordshire Council when it took control of the former city council’s affairs.
Getting the leases back was pitched as a political priority when the news broke in April 2010 that then United chairman Graham Turner and vice chairman Joan Fennessy were ready to sell their majority shareholding in the club.
The club began negotiations with Carillion Richardson for the return of the leases almost as soon as the Keyte-Russon takeover was completed in June that year.
That deal was done by December with the club paying £452,000 to secure the return of the leases and settle a £1,069,500 debt to Richardsons Developments, clearing the way for a new single lease and the development opportunities that could bring.
The deal was intended to offer the club security for the next 30 years and ensure future re-entry to the Football League - which requires a 25-year secured tenancy.
It also opened up opportunities for grant funding for any future development - £400,000 in the Conference and £750,000 in the Football League.
The council was ready to allow an extension to the new stadium lease of 250 years once development at either end was underway, with proceeds from the sale of development areas held in a joint escrow account.
That money was intended for the construction of two new stands - one at each end of the ground - and modernisation work on the existing stadium.
RT @HerefordUShirts: We'll never die,we'll never die, We'll never die,we'll never die, We'll keep the Bulls flag flying high Cos Hereford…— @Istanbull 06 June 2014
Updating the phone when ever I get chance see if I've got a football team to support next year one love hereford united— @Awayday05 06 June 2014
RT @AFC_Oli_YCFC: All the best to Hereford United from all at York City! Never nice seeing a club in in this state #footballtogether #ycfc …— @secretdolphin 06 June 2014
RT @gaztango: the love of Hereford united out there is far greater than keyte et el think, the battle may be lost but the war is just begin…— @Istanbull 06 June 2014
RT @HTnewsroom: David Keyte 'has sold Hereford United for £1' to London businessman Tommy Agombar: http://t.co/dDBzpwvOLg— @maundy1987 06 June 2014
Follow our live blog as Hereford United face the Football Conference board as they plead for Conference survival.
Hereford United face relegation from the Conference after failing to pay their football creditors by a 5pm deadline yesterday.