The only reason we have turned in profits in the last couple of years has been due to compensation received from our managers leaving to go elsewhere e.g. Brewster. It's not a case of if we get some cash from a transfer then we should look to spend it. The club will need that revenue to cover any operating losses incurred throughout the season.
If anything, instead of paying transfer fees for players I'd like to see any spare cash (if there is some) used to increase our wage budget. In the days of Bosman transfers the fee is often not so much of a stumbling block it's more the agreement of a wage between player and club.
As for off field developments I can't see a 4th stand being on the agenda until we can fill our current ones for Non OF and Aberdeen games.
However, perhaps they could use any additional revenue to boost advertising of all things ICT in the town?