When Charlton joined the Football League in 1921 the club had only been playing at The Valley for two years. The club turned professional in 1920 and the new board of directors were not even sure where the boundary line of the ground was. What was to become the east terrace was known as ' the cliff '. Was the boundary line at the bottom or top of the cliff ? Directors were concerned over the maintenance and safety of the cliff. This first boardroom minute is from 19th August 1921, a week before our 1st league match v Exeter.
Comments
The first board of directors consisted of ....
Seth Dixon,S A Hartgrove,Douglas William Oliver, Edwin Radford,T Sullivan and S T Williams.
Ground developments to be carried out -
building of main stand.
extra 20 rows of terracing making 40 in total on east , north and part of west side of the ground.
Iron fence to playing field.
Total cost of works , £14,500.
One of his descendents is a regular poster on CL.
Work had stopped on the new stand as the first down payment for the work had not been made. Mr Sullivan agreed to provide cheque for £1,000 to Humphreys as a loan , repayable at £100 per home game.
Mr Oliver made a £300 loan as the 10% deposit for the purchase of the ground. To be repaid after Mr Sullivan's loan had been repaid.
£1,000 cheque paid to Humphreys , the firm were now prepared to complete the building of the stand which would take a further 7 weeks.
Letter from Humphreys requesting 2nd payment
Estimate from Humphreys lining bathrooms with white glazed brick , £35.
Minute from Board meeting -
No players to be transferred to Millwall
Cost cutting , cancel some ground improvements
Well it was good while it lasted , the Millwall transfer ban is lifted and the board suggests reducing police numbers on match days.
Assessment of the club's income & expenditure , income £200 per week expenses £300 per week.
The directors are summoned to attend Humphreys the builders office to discuss the club's debts. Humphreys agree to advance the club £3,000 to acquire the freehold of the Valley , this amount to be added to the debt.
Season ticket for season 22/23 in the main stand will be £2-17-6 and programme 1d.
Arthur Brandon resigns as secretary
Humphreys debts converted to debentures
Amount now owed to Humphreys £19,557