18 Next Meeting Left in hands of Chairman to fix. Confirmed as Correct W. C. Cuff Chairman [Special Meeting of Directors held at 6 Castle St. Liverpool on Friday 22nd May 1931] Present Mr W. C. Cuff (Chair) & all other Directors except Mr W. C. Gibbins. Oakes (Port Vale) Secy. reported that when at Henley on the 20th inst. the Port Vale F.C. had informed him that they were prepared to accept a sum of £6.500 for this players transfer. The Board decided they could not see their way to go to this figure, but to make a definite offer of £5000. Jones (Burnley) Letter read from Burnley F.C. stating they could not accept our offer of £1500 for this players transfer but asked a fee of £3000. It was agreed that we renew our previous offer. Alterations to Secy. called attention to the proposal of the League Rules Derby County F.C. that the percentage paid to Visiting clubs be increased from 20% to 40%. It was decided that we strenuously oppose this. Confirmed as Correct W C Cuff Chairman