"Our CVA plan budgeted £3 million in fund raising and this has now been exceeded." he told the Official Club Website.
"This is obviously very good news for the Club. At the same time other income areas such as gate receipts, season ticket sales, TV income, conferencing and match day hospitality are also tracking ahead of budget.
"Inevitably performance on the pitch will dictate whether this improves still further. Whilst finances remain tight, firm cost control together with increased revenue will continue to improve our position."