The statement released by London Bulls yesterday contained an inaccuracy regarding the beliefs of the HUST Board. The statement misleadingly suggested that the entire HUST board believed the message miscommunicated by Chris Williams at a meeting in London last Wednesday. This is not the case, and Chris’s error was swiftly rectified so that it was communicated correctly the following day at the Open Meeting in Hereford.
50% of shares in Hereford FC will be ring-fenced, and available for purchase only by HUST. HUST voting rights on shares will only be for the amount of shares owned at that particular point in time. More importantly, the three HUST Board members on the Club Board will have full voting rights from day one.