CHAIRMAN David Keyte says imminent major investment should give Hereford United financial security for the next two seasons.

The Bulls were unable to pay the players their March wages and could not even afford the referee’s fee following the 1-0 victory over Dartford.

But the promise of substantial backing from overseas has given renewed hope to the club and their fans ahead of tomorrow’s Blue Square Bet Premier trip to Macclesfield Town (3pm).

Keyte, who put in £60,000 of his money in January, has moved to allay fears of the club folding and instead predicted a bright future at Edgar Street.

“People needn’t think of the football club folding, that’s not the situation at all,” he said.

“The club will be here, the honest position is we’ve been talking to a potential investor for the past four months.

“The investor will be a long-standing arrangement and when it comes through it will be enough to see us through the next couple of seasons. The future is bright.

“We’ve got lots of positives to look ahead to, not least the ground developments at either end which we’ve waited three years for now and we expect to get moving within the next 12 to 18 months.”

However, Hereford have done well on the pitch and head to Moss Rose with a top-10 finish within their grasp.

Macclesfield fired boss Steve King after Wednesday’s 3-1 home defeat to Grimsby Town with the side below Hereford on goal difference.