The Paisley club wiped out their £2 million debt after selling the ground, but MacPherson is determined to focus the future around local talent.
"No one has to tell me how important it is to nurture young talent," MacPherson told the Scottish Sun. "We need to be on the lookout for local talent because it's simply not an option to spend loads of money." The Buddies boss stressed that scouring the grass-roots level of the game was vital for the club and refused to accept that the club's disposable income should be spent at the expense of the youth system.
"I think we're in a healthy position after selling the stadium, but that doesn't mean we're going to go daft bringing in expensive signings," insisted MacPherson.
"Every manager would love to bring through young players from local areas who could do a job, that's always the hope for clubs like us."