Clipping:Athletic Club finances 9
Add a Clipping |
Date | Saturday, December 20, 1890 |
---|---|
Text | [reporting on the audit of the books of the Athletic Club] The books show conclusively that without themost glaring mismanagement the club should have been a good winner ever since its reorganization in 1888. In that year the receipts were $98,000 and the team's salary list $42,000; the other expenses, at the very outside, should not have exceeded $20,000, salaries of officers included. In 1889 the receipts were $93,000; team's salary list, $38,000. Even last season the club, with its weak team and generally demoralized condition, took in $42,000, while the salary list was only $24,000, and yet, in face of all this, Treasurer Whittaker leaves the club bankrupt and with unsettled obligations amounting to about $26,000! |
Source | Sporting Life |
Tags | |
Warning | |
Comment | Edit with form to add a comment |
Query | Edit with form to add a query |
Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
Comments
<comments voting="Plus" />