A group of Exeter City Supporters' Trust members will, for the second season, pay the wages of Grecians' striker James Norwood.
The group of around 70 fans established The 1931 Fund in August 2009. The name is a reference to City's great 1931 FA Cup run, but more significantly members each pay £19 per month to fund Exeter City's Number 31.
The Official Website confirmed this morning that Norwood has signed a further one-year contract at Exeter City.
The 19-year-old made four appearances for City at the start of the 2009/10 season and enjoyed a successful loan spell at Sutton United.
City manager Paul Tisdale said: "The backing we get from our fans has played a huge part in Exeter City's success.
"When you see the fans organising themselves to pay month after month for an exciting young player, it's yet more proof that we have something special here at Exeter."
1931 Fund organiser Alan Crockford explained: "The fans own Exeter City through our Supporters' Trust and this is just another way in which we're making that work.
"There'll be plenty of rich businessmen bankrolling clubs next season, and still more racking up debts to pay for players that they couldn't otherwise afford. We have to do things differently.
"The only way that we, as a people's club, can compete is through fans like us doing that bit extra."
The 1931 Fund hope to persuade more Exeter City supporters to join them. Email exiles@sky.com for further information.
