Also from the report.
The overall improved performance against budget was driven by the sale of striker Jayden Stockley to Preston North End in January 2019 for a fee believed to be in the region of £750,000, with a small proportion of the funds received being reinvested within the playing costs.
In a joint statement Julian Tagg, chairman and director of football at Exeter City FC, and Nick Hawker, chair of the Supporters’ Trust said: "Both financial years were affected dramatically by transfer activity. Income from transfers allows us to continue investment in our playing squad, however, the board is very much aware that this level of investment may not always be possible and longer-term financial planning is in place for a number of scenarios.
Even bigger picture. 😉
whilst this is a bit tongue in cheek GPC and trying to prove the point on why selective commentary was avoided from the Devon Live report in the first instance, what is the comparative book value between the clubs as another basis for evaluation?