Our accounts in 1932 -
CHAMPIONS' ROAD PAVED WITH GOLD.
June 7, 1932. Evening Express.
Everton make a Record Profit.
By the Pilot.
Money, is the reward of ability. Everton's championship season shows a record profit for the club -£10,166 8s.7d. In the previous seasons –when the club won the second division championship –a profit of £9,755 was made; in season 1928-29 there was a loss of £12,560, and the season 1928-29 there was a profit of £9,406. The directors will recommended at the annual meeting on Friday, June 17, that the maximum dividend of 7 and half per cent, be paid. “The accounts reveal that to the year's profit must be added £911 12s, 5d, income derived from properties, and £128 4s.6d, income from investments. To this is added the balance brought forward from last year of £50,033 3s 4d, less dividend, making a total available balance of £61,239 85 10d. The directors have made provision for depreciation of £2,424 2s, 4d, leaving a balance of £58,815 6s, 6d, out of which will be paid £109 10s. 11s in dividend. This will leave £58,705 15s, 7d, to be carried forward to next year. The principal items of income on the year were £54,327 6s, 8d, by gate receipts as compared with £43,929 3s, when the club was in the Second Division. Season tickets brought in a further £550 7s, 6d.
Transfer Fees.