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Next Game: Banbury Away On Friday March 29th Kick-Off 3.00pm

Thursday, November 27, 2014

Investment Silence As Clock Ticks Down


With 39 days of the 42 day adjournment passed, there is still no announcement of investment from the club with the club having to tell the Court by tomorrow afternoon what it intends to do about the winding up petition.

It is now nearly three months since club chairman Andy Lonsdale told BBC Hereford and Worcester that investment would be put into the club within days, however an adjournment was granted a few days later without the investment appearing. 

In October, a few days before the last court appearance, Lonsdale could not confirm whether the investment could be secured but they again escaped closure on a promise of new funds. In the aftermath of that court appearance Lonsdale told the BBC he would name new investors within seven days, a deadline he later extended to three weeks which was also not met.

Lonsdale asked outstanding football creditors to contact him two weeks ago, having had dozens dispute his claim that the club had paid all football creditors, however several have since spoken to Bulls News to note that their communication with Lonsdale has been slow or non-existent since despite messaging his advertised email address. None that have spoken to us have received further payments.

Several national media outlets are preparing coverage on the club for Monday's hearing, including speaking to several of the unpaid former staff.