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Hereford FC fans secure 50% stake in club

Hereford FC are the latest club to become community-owned after supporters secured 50% ownership of the National League North side.

As part of season-long fundraising efforts ahead of the Hereford United Supporters’ Trust AGM back in November, fans raised £9,000 which enabled the trust to buy the remaining shares needed to secure 50.1% of the Herefordshire club.

Hereford United Supporters’ Trust chairman Richard Tomkins said: “This is an emotional moment.

“Some people believed that supporters didn’t have the drive to amass the £289,000 required to match the club’s foundation investment. How wrong can they be!”

Originally founded in 1924, Hereford United was wound-up in the High Court with debts around £1.3million back in 2014.

A new phoenix club was set up by Hereford supporters and local benefactors with the new club retaining the iconic Hereford Bull – and they gained promotion to the National League North in 2018.

The funds were moved across before Christmas and the cheque was presented at the weekend’s game against Scarborough Athletic.

Funding partners

  • The Football Association
  • Premier Leage Fans Fund

Partners

  • Gamble Aware
  • Co-operatives UK
  • FSE
  • Kick It Out
  • Level Playing Field
  • Living Wage Foundation
  • Pledgeball