IndoMike
Very well known Exeweb poster
We didn't know that we would get promoted to League One when the decision was made to redevelop the training ground, hence that decisionBut we still have the training ground redevelopment to pay for, the costs of which are likely to be higher than originally budgeted for. It was also stated that we expected to receive, I think, 1.2 million of windfall income that would be needed to fund the redevelopment. While our recent income is above expectation I would guess we are still somewhat short of that figure.
More generally, it was stated a couple of years ago at, I think, a Trust AGM that the club needed to match the ambition of Matt Taylor. Well, I think with the new pitch and the training ground redevelopment that has been done. Conversely, Matt Taylor has shown that he can be trusted with a larger playing budget.
was made based on a League 2 budget, including League 2 crowds, League 2 sponsorship and the twoLeague 2 "participation" payments.
Regarding the extra cost of the redevelopment, wouldn't we have been insured against the original contractor pulling out and/or having to pay
compensation?
Anyway, let's not make a mountain out of a molehill. All I'm saying is, aside from investing in players by just using the money saved on
released players, if Matt needed another 200-300k for the salaries of a couple of really good players, then he should get it. A successful side brings in more
more money than a less successful one. If they are good they also become a financial asset.