Wednesday, May 29 – 1918
The Lancashire Football Association report a loss on the year of £79 4s. As the ordinary income amounted to only £25 6s, and the expenditure to £125 13s, a sum of £46 1s. from the investment account, and a balance in hand of £14 13s. were swallowed up, leaving an overdraft at the bank of £39 10s.
This has occurred in the absence of the ordinary source of revenue caused by the suspension of competitions during the war.
Still, there is a surplus in favour of the Association, on the assets and liabilities# account, of £640 9s, the accumulation of many years# operations.
The annual meeting will be held at Bolton on Wednesday next.
(Burnley News, 29-05-1918)
"Play Up, Liverpool" 