Matt_
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- Jan 19, 2015
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We got a parachute payment when we went down. I'm not sure hoe much but i remember reading it somewhere.
We received a parachute payment following relegation to the Conference in 2002/3 which I believe was around £130,000 and was a one season only payment.
I think it's gone up a fair bit since then. The then Hereford Chairman, David Keyte, referred to a parachute payment of £215,000 in 2014.
http://www.herefordunited.co.uk/news/article/keyte-on-finances-january-2014-1304404.aspx