July 4, 1941
The 49th annual meeting of the Liverpool Football Club, held last night, was one of the shortest on record. It lasted exactly 25 minutes and not a single question was asked by a shareholder on the report and balance sheet, which revealed a loss of the season of £1,421.
Mr. William John Harrop, the chairman, who was congratulated by directors and shareholders alike on his election to the Football League Management Committee, said that Liverpool had carried on despite the absence of regular players, and they would continue to carry on.
“We have developed young players and will continue to do so,” he said. “Believe me, some clubs envy Liverpool in having such good youngsters as Billy Liddell, Ray Lambert, Harry Kaye, Cyril Done and others.
“Of course attendances have been down, but that is because it is impossible to provide a real, live competition with promotion and relegation. People like to see good football, but they also want the competitive interest. Until we get it we must expect gates to remain down. But the standard of football throughout has been excellent and well worth seeing.
“The success of Arsenal and Preston last season shows there are still glittering prizes to be won in football even in present circumstances, and we shall continue to strive for them.”
Mr. Harrop referred in glowing terms to Mr. John Asbury, who has retired from the board owing to ill-health, and mentioned the loss the club had sustained by the death of Mr. James Cherry.
Mr. Harrop and Mr. James Troop, the retiring directors, were re-elected without opposition, and Mr. Ralph Knowles Milne was elected to the vacancy without opposition. Mr. Harrop and Mr. Milne returned thanks.
Messrs. Simon Jude and West were re-elected auditors.
(Evening Express: July 5, 1941)