Advisor Joel Nathan: Everything is now coming together at Hereford United

Advisor Joel Nathan: Everything is now coming together at Hereford United

Advisor Joel Nathan: Everything is now coming together at Hereford United

First published in Sport
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Hereford Times: Photograph of the Author by , Sports Reporter

ADVISOR Joel Nathan says ‘everything is now going to plan’ and Hereford United will be kicking off the new season in the Southern League Premier Division.

Nominee Marc Landsman, on behalf of the club’s directors, has put together a Company Voluntary Arrangement (CVA) proposal for creditors.

And Southern League officials have confirmed United’s place in the divi - sion after the club’s foot - ball creditors received pay - ments.

United will be starting the season against St Neots at Edgar Street on August 9 – but some Bulls fans are still planning to boycott home matches.

And United will be holding a fans’ forum in the Starlite Rooms on August 8 at 7pm.

“I am very happy with where the club are now compared to where they were two months ago,” said Nathan, who is advising his friend, Tommy Agombar, United’s majority share holder.

“The club always believed it would get to this stage. All the tests for the stadium are in place and we have invited the council to inspect the ground.”

He added: “Everything is going to plan and the playiing budget is decent for this league.”

Former director Tim Russon is owed £22,080, through Wychwood Productions, in the CVA proposal which has been circulated to creditors.

A meeting of the club’s creditors will take place at the Starlite Rooms on Thursday, August 14, at 3.30pm. And meetings of the club’s shareholders will take place on Thursday, August 14, at 7pm, with a formal meeting on Friday, August 15, at 10am.

Creditors will vote in sup - port or against the propos - al. If the CVA proposal gets the go-ahead, creditors will be repaid 100 pence in the pound over three years.

Hereford United Support - ers Trust (HUST) have confirmed their boycott for home matches remains in place. “We would like to reiterate that the HUST boycott of the club is to proceed in a dignified and peaceful manner and HUST will not condone abuse to - wards any staff, officials, or fans that choose to attend matches while the boycott continues,” said a HUST statement.

“This boycott remains in force and, with a CVA proposal seemingly set to include those debts, a cessation of the boycott is only likely to happen if the creditors agree to the terms offered and the court ap - proves the proposal.”

Meanwhile, Advisor Andy Lonsdale says a decision was taken not to keep United in the Conference.

“Is it fair on us to come into this club and put a £350,000 bond up and pay football creditors, when that money could be bet - ter spent on stabilising the club for the future? Would you rather have a club that can pay its bills or a club that is still in trouble but has £350,000 lodged in a Conference account?”

Comments (3)

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11:55am Thu 31 Jul 14

Brownface60 says...

Just exactly who are these "advisors"? What are their qualifications and experience? To me, "advisor" means someone who is impartial, an expert in their field, and has no axe to grind. These two seem to be cheerleaders rather than advisors. If they are, well fine - and it is perfectly OK to support their friend no matter wat, but don't give them misleading titles!
Just exactly who are these "advisors"? What are their qualifications and experience? To me, "advisor" means someone who is impartial, an expert in their field, and has no axe to grind. These two seem to be cheerleaders rather than advisors. If they are, well fine - and it is perfectly OK to support their friend no matter wat, but don't give them misleading titles! Brownface60
  • Score: 8

6:38pm Thu 31 Jul 14

Whatabouttheleases? says...

'Everything is going to plan'

Wow, if this was planned, I hate to see something that was a complete and utter shambles. Contrary to what the club say, football creditors have still not all been paid. There is still no safety certificate in place for the ground. And now we find out from the most excellent Bulls News that there may have been a problem with the share issue done last year.
'Everything is going to plan' Wow, if this was planned, I hate to see something that was a complete and utter shambles. Contrary to what the club say, football creditors have still not all been paid. There is still no safety certificate in place for the ground. And now we find out from the most excellent Bulls News that there may have been a problem with the share issue done last year. Whatabouttheleases?
  • Score: 5

7:10pm Sat 2 Aug 14

mr.dig says...

now i am confused, joel you are with grays athleic ryman top league team...

how can you wear 2 hats.
dig
now i am confused, joel you are with grays athleic ryman top league team... how can you wear 2 hats. dig mr.dig
  • Score: 0

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