Shrewsbury tie a lifeline for Hereford - Graham Turner
Shrewsbury boss Graham Turner hopes their FA Cup tie against Hereford will help ease the Bulls' financial issues.
Turner still has close links to Edgar Street, having been both manager and chairman during 15 years with the club.
"It's an interesting one," said Turner. "It's the beauty of the FA Cup when it throws up games like this.
"I think Hereford needed a lifeline from a financial point of view and we can certainly help their finances," Turner told BBC Radio Shropshire.
"But it's an intriguing match itself."
After being appointed manager of the Bulls in the summer of 1995, Turner then became majority shareholder two years later when Peter Hill resigned as chairman, combining both roles.
He steered the club through financial difficulties back into the Football League in 2008 before cutting his ties with the Bulls two years later to return to Shrewsbury as manager.
However, Hereford are facing tough times again, current chairman David Keyte having last week revealed that the Blue Square Bet Premier side may be close to administration.
Keyte has told shareholders that the Bulls owe a combined total of £155,000 in tax payments and urgently need to attract additional funding.
But the cup tie against Shrewsbury will now go some way to easing the situation.
The Hereford United-Shrewsbury Town FA Cup first round tie will take place on Saturday 3 November (kick-off 13:00 GMT).