ECFC forced to borrow from PFA

Exeter City Football Club statement:

"As we are all aware, Exeter City AFC Ltd is not owned and funded by any one individual and this means that finances are always stretched and 2013/14 was no different.

"However, we have also been adversely affected by match attendances being below expectations and a lower than anticipated uptake of season ticket renewals so the finances in the close season have been under pressure.

"As a result, the Club received a short-term, temporary loan from the PFA on Monday 2nd June."