May 14, 1910
In connection with the remarkable situation caused by the recent developments in the crisis affecting the Woolwich Arsenal Football Club, it is stated that the enterprising officials of the Fulham Club on Saturday made a definite offer to Mr. Charles Brannan, the liquidator of the Arsenal Company, for the purchase of the Woolwich Club, with all its assets and liabilities.
An amalgamation of the two clubs is not proposed.
The amount of the purchase money offered has not been disclosed, but it is believed to be substantial enough to call for favourable consideration. Nothing, however, can be settled until Wednesday next.
In the meantime anything may happen. Mr. George Leavey, the principal shareholder in the Arsenal Company, is still desirous to see the continuation of first-class football on the Manor Ground, Plumstead, and is prepared to give every facility to any responsible persons who would quickly come forward and make another attempt to bring about a successful flotation. But, failing any response by Wednesday, the money already subscribed for shares will be returned, and it is understood that Fulham’s tempting offer will then be considered.
Whether the Football League will allow Fulham to but up the Woolwich Company on the line suggested remains to be seen. It is certain, however, that strong opposition will be offered to the proposal, for Chelsea naturally would fiercely resent the idea of their neighbours possibly gaining promotion in this way. Bolton Wanderers, Hull City, and Derby County would also maintain that they had a greater right to a place in the First Division than Fulham.
The crisis has produced a plentiful crop of rumours, but there appears to be no ground for the suggestion made that the Arsenal Club should remove to the Stadium and change its title. Indeed, the two most possible developments seem to be the purchase of the Woolwich Club by Fulham, in which case the latter team night secure its position in the First Division in an unprecedented fashion; or the Arsenal may survive their difficulties and play next season.
There is yet reason to believe, however, that the club will not go under for the sake of about £400, by the raising of which amount it may be saved.
A rumour is current that the owners of several licensed houses in the Plumstead district will probably interest themselves in the club’s affairs.
(Derby Daily Telegraph: May 16, 1910)
"Play Up, Liverpool" 