Raith Rovers shareholders are to be given an update on the club’s financial status later this month.
The Kirkcaldy club’s board of directors have called a general meeting of shareholders of New Raith Rovers Limited, Raith Rovers FC Holdings Limited and Raith Rovers Football Club Limited for Tuesday January 28 at 7pm.
The formal business will be to receive the accounts of the club for the financial year ended June 2013, which showed a profit for the year of £81,350.
Directors are due to update the meeting on other important work in progress at Stark’s Park.
Early last month, directors said the profit had been principally achieved by the revised business model introduced by the board two years ago and described the improved trading position as “encouraging”.
However, it was noted the balance sheet still displayed a deficit and directors stressed it was “essential” to continue close supervision of costs to continue the positive trend.
A spokesman said: “The board will continue to maintain tight control over expenditure in order to consolidate the business model, thereby enabling the club to progress with a secure foundation at what continues to be an extremely difficult time for Scottish football.”