A LOT of work is being done behind the scenes for Hereford United ahead of next week’s winding-up hearing at the Royal Courts of Justice, says advisor Joel Nathan.
Nathan, who is still helping out the Bulls, says he fully expects Hereford United to stave off the threat of liquidation.
United are scheduled to defend winding-up petitions from Her Majesty's Revenue and Customs (HMRC); Martin Foyle and Andy Porter on Monday.
Creditors threw out a CVA payment proposal put forward by the club’s directors earlier this month.
And licensed insolvency practitioner Marc Landsman told shareholders he expected United to enter compulsory liquidation on September 1.
But Nathan said: "There are a lot of things going on behind the scenes and, unfortunately, I can’t say too much about that at the moment.
“It might sound daft but having the CVA proposal thrown out was probably the best thing that could have happened because nine out of 10 CVA proposals end up failing.
“We will have to settle the winding-up orders of HMRC, Martin Foyle and Andy Porter and pay the council and I think we will then be on a level playing field.
“People are doing things and I know the club will survive and, once the club’s future has been secured, I am sure more fans will come along to support the club.
Nathan added: “I think the club will go into court on Monday and the judge will look at several different options for the way ahead. The club will survive."
Nathan is an advisor to Tommy Agombar, United’s former majority shareholder.
Nathan added: “I have been pretty busy with Grays Athletic and I have missed the last couple of Hereford games. But I will be coming up to Hereford to watch another match soon.”