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Old 31-05-2014, 09:51   #24
Lost in Cornwall
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Re: The end of Hereford United?

The Conference is actually far stricter than the Football League when it comes to penalties for financial issues. If Hereford haven't cleared their debts in full by the time of the AGM they are out. CVA's and administration don't help. They bring about a points deduction in season and there are transfer embargoes similar to those that exist in the Football league for non payment of players. Aldershot were given a ten point deduction at the beginning of the season for being in Administration when they came down from the Football League and told they had a season to get their finances in order with all debts paid off or they were straight through to the leagues lower than Conference North/ South which I believe they have managed to do. I hope Hereford manage it as well as I don't want to see anybody go to the wall and there have been a number of occasions in recent years when our players haven't been paid on time, something I hope is well and truly behind us.
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