June 24, 1949
Liverpool F.C. do not intend to spend money for spending’s sake. They will not spend thousands of pounds just for the privilege of saying they have signed a new man; but if there is any player whose signing they believe will improve the Anfield playing stock, no expense will be spared.
That was the gist of the remarks of the chairman, Councillor Stanley Ronald Williams, at the 57th annual general meeting of the club last night, when he and two other retiring directors, Messrs. George Richards and Thomas Valentine Williams, were returned unopposed. The balance-sheet showed a profit of £15,934, compared with £6,345 last year, and recommended a dividend of 7½ per cent.
Councillor Williams said that club officials had travelled thousands of miles last season in quest of talent, and two all-time record offers had been made for players, who, however, had decided on other clubs.
Manager George Kay said that the list of signed players so far was: Charles Ashcroft, Jack Balmer, Kevin Baron, Joe Cadden, Frank Christie, John Coppack, Russell Crossley, Cyril Done, Hagan, Bill Jones, Ray Lambert, Ray Minshull, Bob Paisley, Steve Parr, Jimmy Payne, Roy Saunders, Kenneth Seddon, Les Shannon, Sam Shields (inside forward from Cowdenbeath), Cyril Sidlow, Albert Stubbins, Kenny Swift, Phil Taylor, White, Bryan Williams, Robert Williams and R.K. Wright.
Two other new players were Malcolm Glazzard from Ellesmere Port junior football and Tommy Liddell, brother of Billy Liddell, a full back from a Scottish junior club.
There is a month in which players may sign. Four or five other retained players are on holiday.
(Source: Liverpool Echo: June 25, 1949)