May 25, 1931
Liverpool have reported a decreased profit of £2,723 on gate receipts amounting to £33,993. Players’ wages and bonuses swallowed up £11,071, and £3,090 was paid away in transfers.
There was a lively scene at the annual meeting on the question of the election of directors, and a poll was demanded. This is to be taken on Thursday.
The retiring directors are Mr. Tom Crompton, the chairman, Mr. Edward Askew Bainbridge, and Mr. William McConnell, and Mr. John McKenna, the president of the League, has nominated Mr. S.R. Williams under the impression that the vacancy caused by the death of Mr Edwin Berry had not been filled.
(The Athletic News: May 25, 1931)