Tuesday, May 28 – 1918
At the annual meeting of shareholders of Preston North End F.C., last evening, when a loss on the revenue account of £257 was reported, Alderman Ord, chairman of directors, said the club had just finished three years of war-time football, and although the playing results had been better and the team more reliable, the financial returns had become poorer and poorer, and he was afraid there was not much chance of them improving before the end of the war.
It was difficult to decide what course to adopt in regard to the future. On analysing the figures and forming an estimate there did not seem to be much difference between the loss if they did not play of if they did, and the matter would have to be let in the hands of the directors, who would be guided by the action of the other League clubs similarly situated, although he would be very sorry if the continuity of football had to be broken at Deepdale – (hear, hear) – where it had been justified of for no other reason than that it had helped to raise substantial sums for charity.
The four retiring directors, Messrs. W.E. Ord, W. Pomfret, T. Croft jun., and J.I. Taylor, were all re-elected, and amongst resolutions of thanks was one to George Barlow, whose playing service to the club were the subject of high eulogy.
(Lancashire Evening Post, 29-05-1918)