HEREFORD United have a new owner but questions surrounding the club’s future remain unanswered.

Following weeks of speculation over fresh investment in the cash-strapped club, Tommy Agombar has been unveiled as the new man at the helm.

The businessman has been in talks with chairman David Keyte about taking over at Edgar Street and his name was made public yesterday.

However, it is unclear if Agombar is acting alone or is part of a consortium, while Keyte’s role at the club is also shrouded in mystery.

Agombar has "reassured staff that all payments and wages due to themselves, players and football creditors would be paid in full this week, subject to Conference status".

The Bulls face explusion from the Football Conference if their football-related debts are not settled before this weekend's annual meeting, including to former manager Martin Foyle, whose winding-up order served on the club was adjourned on Monday for 28 days.

In a statement, Agombar said: “We are currently liaising with the Football Conference regarding the club’s current situation, we are striving to get the best result possible for the club.

“I fully understand that supporters have plenty of questions that they want answered and we will arrange a fans forum that will give everyone a chance to put forward their questions.”

Agombar also said fears that he had only become involved in order to develop the Blackfriars End and Meadow End sections of Edgar Street were unfounded.

“We are aware that supporters are understandably worried that we’ll just come into the club, develop the two ends and then disappear, but that’s not going to happen,” he said.

“If I had been approached about buying a football club I would probably not of even entertained it, but this is Hereford, a great little club with a fantastic history.

“I’m a football man and I want what is the very best for Hereford United and its supporters, they’ve endured a very hard time in recent months and years and we have to put things in place to avoid that happening again.

“I want to see the club back in the Football League.”