The Trust had originally been set up to raise enough money to sign forward Gary Alexander, who had previously been at the club on loan.
[9] On 14 May 2003, shortly after Exeter City's relegation to the Conference, John Russell and Mike Lewis (the chairman and vice-chairman at the time) were arrested over allegations of financial irregularities at the club.
[2] In October 2003, the club entered a Company Voluntary Arrangement, which was accepted by 88% of the creditors, in order to reduce the £4.5 million debt Russell and Lewis had left behind.
[15] Russell was sentenced to 21 months in prison, whilst Lewis was ordered to complete 200 hours of community service.
[17] City eventually fell to a 2–0 defeat in the televised replay at St James Park 11 days later, with Cristiano Ronaldo and Wayne Rooney scoring the goals.
The club stated that the short-term loan was needed due to a fall in attendances and a lower than expected uptake of season ticket renewals.
This led to a restructuring process at the club, with the chairman and chief executive resigning over the summer and the secretary (who was also a director of the Trust) leaving both of his roles.
[25] A total of £830,058 was paid back to the Trust, with a proportion of the money to be invested and the club retaining access to the same amount of working capital.
[28] Think Fan Engagement owner, Kevin Rye, said after the club's fourth successive victory:"Once again, Exeter City have won, and I’m not surprised.
scheme was started in July 2004 by then managing director Ian Huxham, in a bid to pay off the remaining debts following the CVA agreement.
[38] 2 women's team players have worn the number 31 shirt since 2021: In February 2010, the Supporters' Trust began a fund raising scheme called 'Pitch In For City'.
The scheme's purpose was to raise £150,000 in order to move, drain and relay the playing surface at St. James Park for the first time in 106 years.
Many fundraising events were planned, such as a horse race night and an evening with former City manager Eamonn Dolan and former players Dean Moxey and George Friend all talking about their times at the club, amongst others.
Proceeds from other events, such as a music concert at Rougemont Gardens, former Grecians Barry McConnell and Scott Hiley running the Great West Run to raise money and 50% of the profits of Nick Spencer's Never say die: the remarkable rise of Exeter City book; also contributed to the scheme.
[41] On 18 February 2011, the club announced that they would be taking legal advice over the state of the new pitch, after a league game against Swindon Town was postponed due to bad weather.
[46] Former Exeter players Jamie Reid and Matt Grimes, soul singer-songwriter Joss Stone and actor Ade Edmondson are all members of the Trust.
[47][48][49] Edmondson even wrote the foreword to Nick Spencer's Never say die: the remarkable rise of Exeter City, in which he states he is a member.