Exeter City manager Matt Taylor says plans to improve training ground facilities will help attract more players to the League Two club.
Exeter's supporter's trust will vote on spending £2.2m on new buildings.
The club is using money from the sale of England striker Ollie Watkins to pay for some of the work.
"Once the standard of provisions goes up alongside what we do coaching-wise, then players will want to come to this football club," Taylor told BBC Sport.
Exeter received about £4m when Watkins moved to Aston Villa from Brentford in the summer of 2020 for £28m, and have since pocketed a further £450,000 in add-ons.