June 25, 1964
Chairman resigns – and an Era ends
An era ended for Liverpool Football Club last night. When Mr. Thomas Valentine Williams (T.V. Williams), chairman of the club for the past eight seasons, told the shareholders at the annual general meeting that he was resigning the chair, it was as though a major pillar of the club had gone. Mr. Williams remains a director but intends to devote more time to his work as he sits on the selection, discipline and youth committees.
Mr. Williams, a self-confessed Liverpudlian from birth, has devoted a great deal of his time during his chairmanship to the club and leaves a record of service which will be difficult to equal. His ambition was always to see his club at the top, and that he has achieved.
The Board were meeting at Anfield late this afternoon to name the new chairman, and I believe it certain that Mr. Sidney Cecil Reakes, the vice-chairman, will take over (writes Michael Charters). Mr. Harold Cartwright is likely to be chosen as the new vice-chairman, and these appointments will probably be confirmed by to-morrow.
Mr. Williams reminded the shareholders that he had frequently informed them at annual meetings that he would not be satisfied until Liverpool were able to participate in the European Cup competition.
“Now that this has been achieved, I feel the time has arrived when I should stand down to enable one of our younger directors to have the honour and opportunity of assuming this important office,” he said.
He added that during his chairmanship he would very much have liked to see the club win the FA Cup, but this had been denied to them.
However, in gaining promotion from the Second Division at the close of the 1961-62 season, reaching the Cup semi-final in 1962-63 and winning the Championship in 1963-64, they had put the club back where it should be.
Mr. Williams still remains a director of the club – a position to which he had been re-elected together with Mr. Cecil Hill and Mr. Sidney Cecil Reakes.
Mr. Williams pointed out that they were continuing to spend substantial sums on repairs, maintenance and amenities at the Anfield ground.
During the close season they had hoped to built a new stand at the Anfield Road end of the ground.
Despite a set-back in the application to the council they now expect the new structure to be completed in time for the opening of the 1965-66 season.
“When this work is finally completed, our ground, with the new stand at the Kemlyn Road side now finally completed, will be one of the finest and most compact in the country,” he said.
Presenting the balance-sheet and accounts Mr. Eric Sawyer said income during the season had increased by £53,729 – but some of this came from the last financial year. So, the real increase was £20,709 or 11 per cent.
Attendance between August, 1963, and May, 1964, totalled 1,097,059 against a total of 1,008,619 the previous year. Total attendance figure representing an 86 per cent attendance capacity in 1963-64, compared with 77 per cent in 1962-63.
On the £20,709 increase in income, Mr. Sawyer said it was interesting to know that £4,000 less was taken at the turnstiles, £7,500 less in cup ties, and £5,200 more was paid to the FA (Football Association) and League (Football League). But against these figures they had taken £36,500 more for season tickets, bringing the total for the season up to £63,000.
On the expenditure side players’ wages and bonus showed an increase of £15,000 which was 34 per cent up on last year and took 75 per cent of the increased income.
Manager Bill Shankly delighted the shareholders with his usual pithy and humourous comments on the season just ended, and the season to come. He gave a warning of the problems the clubs would face in their first venture into European competitive football – having seen some of them in their games against a German club on their recent tour of the United States.
He had watched the matches in the Scottish Summer Cup tournament and had obtained a picture of the quality of play and players there. He assured them that if Liverpool ever needed a player of the right calibre, they were prepared to move in quickly for him, irrespective of price.
Last season, the team and club had set a standard which they intended to maintain. He believed that they could set such a pace which no club in land could equal.
(Source: Liverpool Echo: June 26, 1964)
One of the happiest moments of Thomas Valentine Williams’ football life … with the League Championship trophy he received for the club at League annual meeting last month.
Mr. Sidney Cecil Reakes (left) and Mr. Harold Cartwright, who are likely to be named chairman and vice-chairman respectively of Liverpool F.C. to-day.