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Exeter City's directors have given manager Gary Caldwell their backing.

The Grecians have not won in League One since 16 September and registered their first win in any competition in 11 games when they beat Swindon Town 1-0 in the EFL Trophy on Tuesday.

Exeter had been top of League One before their slump in form, but are now one point above the relegation places.

After Exeter's loss at Fleetwood Town on 11 November Caldwell said he did not feel his job was under pressure.

Exeter's board met last week and the board of the Exeter City Supporters' Trust - which owns the club - met on Monday. Both discussed recent results.

"In keeping with our ethos, when we appointed Gary Caldwell last year, we took a view that this would be a long-term appointment with the aim of helping us grow and develop all aspects of the football club. This view has not changed," a statement issued by both boards read.

Exeter have been hit by a host of injuries to key players over the past couple of months, although most are now returning to fitness.

Goalscoring has been Exeter's biggest issue, with on-loan Brentford midfielder Ryan Trevitt the leading scorer in the league with just three goals.

The club's tally of 12 goals is the third-lowest in the division and they have not scored more than one goal in a league game since August.

"Running a football club sustainably is not without its challenges, particularly around playing budgets and squad sizes, however, we are confident in the long-term success of our club," the statement added.

"The club's immediate actions continue to be the exploration of the opportunities available to us for investing in all areas of football, including the January window, with that investment balanced alongside our long-term sustainability."

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