June 17, 1941
In the next few days the annual balance sheets of the local Football League clubs will be issued. Few clubs in the country can have made a profit – Arsenal and Preston North End are exceptions in this respect – but the accounts of Liverpool and Everton will prove that the clubs lost nothing by participating in the Regional and War Cup competitions.
As I mentioned some time ago, I think it will be found that Liverpool break even on actual matches played. Overheads remain the bugbear, and so the balance sheet will show a loss of about £1,400.
We shall soon know all the details, but one thing I can tell you is that the annual meeting of the Liverpool club has been fixed provisionally for Friday, July 4.
At this meeting Mr. Ralph Knowles Milne, the Liverpool solicitor, will be elected by the shareholders as director to fill the vacancy created by the retirement of Mr. John Asbury.
And I have no doubt that the shareholders, as one man, will seize this opportunity to pay tribute to their chairman, Mr. William John Harrop, on his election to the Football League Management Committee by the clubs of the League.
Several have asked me for the actual figures of the voting for seats on the Management Committee. Here they are: William John Harrop (Liverpool), 22 votes; D. Wiseman (Birmingham) 15; F.J. Bearman (Tottenham Hotspur), 11; H.P. Hardman (Manchester United), 10; H. Pannell (Portsmouth), 10; L.J. Nurse (West Bromwich Albion), 9; W. Smith (Manchester City), 8; A.A. Gliksten (Charlton Athletic), 3; N. Buck (Preston North End), 2; Messrs. T. Barcroft (Blackpool), Arthur Drewry (Grimsby Town) and George Rutherford (Newcastle United) were re-elected unopposed.
(Evening Express: June 17, 1941)