Hereford United FC chairman Graham Turner has released a statement confirming his decision to sell his share in the League Two club.
He said: “It is felt that the club requires fresh impetus to take it forward. The club itself is in good shape, the prospect of redevelopment with funding available from the Football Stadia Improvement Fund, the security of a new long lease for Edgar Street in the pipeline and financial stability produced from trading profitably for the past six years, makes it an attractive proposition.”
Turner has had a long history with Hereford FC. He himself played against them during the 1970s before taking over as manager at the start of the 1995-1996 season. He stepped down from this role on 24th April 2009 following Hereford’s relegation from League One. He has been club chairman since 1998.
Vice chairperson Joan Fennessey has also decided to offer her shares in the club for sale.