Other clubs news

The Wednesdays balance sheet


June 21, 1918
The annual report and financial statement of the Wednesday Football Club (Limited, Sheffield) for the year ending April 30th last shows a favourable balance of £530 10s. 10d. on the year’s working.

Over 20,000 soldiers and sailors in uniform were admitted free to the matches played at Hillsborough, a great majority being wounded men from the front.

The directors are unable to recommend the payment of a dividend. The total receipts at football matches amounted to £3,855 6s. 8d., of which £386 3s. 4d. was paid as percentage to visiting clubs and £844 16s. 1d. to the Government as Entertainment tax.

The directors have written off £1,220 19s. 10d. for depreciation, thus reducing the amount of accumulated profit in the balance-sheet to £3,609 5s. 6d.

The annual meeting has been fixed for June 28.
(Source: Yorkshire Post and Leeds Intelligencer, 21-06-1918)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s