The interesting part of that report is how Newport and Exeter actually plan to re-invest any income into the football club.
The injection of funds from the Conor Washington transfer is excellent news, especially given that apart from regular, relatively low value, long term creditor agreements all money will be available to be re-invested in the football club.
“Initial considerations are to replicate the approach developed by Exeter where the income is split three ways into the playing budget (this season and next), working capital and football development (academy, infrastructure etc).
Share articl “The academy at all levels is a critical part of our club and the need to continue to invest is paramount.
Wonder how a three-way split would work with us?