Hereford United owner Tommy Agombar gave this statement following the club's expulsion from the Football Conference.
Two sell-out gigs at the city's Courtyard theatre have raised £21,000. The Bulls are struggling to pay a £78,000 tax bill.
Hereford United could be relegated from the Football League if they lose at Crawley Town this weekend.
Hereford United were beaten 6-0 by Turkish side Besiktas last night.
The friendly match was not publicised to fans or the media until it was revealed by the club on Twitter shortly before kick-off, the Hereford Times has reported.
Hereford cannot play matches at Edgar Street in front of fans because of safety concerns from Herefordshire Council.
It has been reported the match took place somewhere near Leeds.
Full time result Besiktas 6 Hereford United 0
Hereford United fans are delivering a petition with more than 7000 signatures to Herefordshire Council today urging them not to assign the lease at Edgar Street over to the club's new owner.
A so-called "funeral parade" will leave Edgar Street shortly, before moving towards the council's Brockington Headquarters.
Business representatives from Hereford United Supporters Trust are proposing to create a new supporter led football club for the whole community in the event that Hereford United goes into administration.
The trust has presented Herefordshire Council with a comprehensive business plan, which the council has agreed to consider if the current club goes into administration.
Read more here.
The Southern Football League will accept HUFC into its Premier Division subject to the club meeting certain criteria within a time frame.
Businesses in Hereford say it is an extremely worrying time after their local club was booted out of the Football Conference after not paying its debts, despite being given extra deadlines.
Hereford United, which is 90-years-old this month, admitted it could not pay the required £350,000 bond to stay in the league.
James Clark reports.
A pub owner in Hereford says he will be affected financially by the expulsion of Hereford United from the Football Conference.
Andy Loizou owns a pub near to Hereford's Edgar Street ground, which is a matchday favourite with fans.
Councillor Jim Kenyon, from Hereford City and Herefordshire County Council said benefits to the city will cease.
He spoke to ITV News Central following the announcement that the club will not play Conference football next year, because they failed to pay their debts.
The future of Hereford United is 'terrifying', according to a member of the club's Supporters' Trust.
Martin Watson said the club have not been at such a low level since 1924 in the Birmingham League.
Priorities for Hereford United: pay back wages, information, work with HUST. Priorities for Council: keep Edgar St, keep football in City.
The MP for Hereford, Jesse Norman, has called on local councillors to help keep football in the city.
There are concerns about the future of The Bulls' Edgar Street stadium, following the club's expulsion from the Football Conference.
@bullsnewsblog Hfds Council have confirmed to me that no approach to sell Edgar St/leases. I've urged them to put out a statement ASAP.
90 years of football history wiped out. After all the euphoria of last month gutted for #HerefordUnited feel for all the true fans
Comedian Omid Djalili has said he is 'gutted' after Hereford United's expulsion from the Football Conference.
The Bulls' membership from the competition has been revoked because they did not pay their football debts.
The decision means the club will drop down at least two divisions.
The money helped the club pay a looming tax-bill.
Later that month The Bulls narrowly avoided relegation on the final day of the season, at the expense of Chester.
Following yesterday's decision, Chester have now been reprieved from relegation.