The running of a League club costs lots money. The amount of money required is increasing season by season.
Exeter have done very well to compete as a professional league club whilst being owned by it's supporters
Already questions are being asked of whether Exeter can survive in League One by being Trust-owned and whether the time has come to seek investment from elsewhere.
Trying to balance the finances by selling players for profit, & relying on revenue raised from Cup runs can be a risky business.
I think that it is inevitable that Exeter will probably need a large cash injection from an investor or a number of investors to survive as an EFL Club.
Whether the club can then continue with the Supporters Trust having a majority shareholding, will be another matter that will need to be considered if an independent benefactor comes in.









I hope that the Club will survive, possibly as a phoenix club. I hope that something can be worked out very quickly, so that the people of Salford can continue to have a leading Rugby League Club to support.
I’m not into rugby but you’ve got to feel sorry for the fans of any club that goes under like this, they are a big part of the community. The ripples are far reaching because creditors will probably get next to nothing which obviously affects their businesses too.