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Monday, October 20, 2014

Another Adjournment At The High Court


Hereford United's winding up petition has been adjourned until December 1st.

At this morning's High Court hearing it was said that an investment of £1.5M had been promised to cover the debts.

So the judge agreed to a seventh adjournment.

"So another adjournment but only just," reported BBC Hereford and Worcester.

"For the first time HMRC and other creditors rejected the club's pleas and pushed for the closedown of Hereford United today.

"But after the club promised £1.5M investment to pay off the debts by the end of November, the judge granted a seventh adjournment."

As yet it's not clear who is involved with the promise of a £1.5M investment.