Clipping:Athletic Club finances 7

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Date Saturday, September 13, 1890
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[from Harry Palmer's column] By the way, what a lot of trouble the Athletics are having. There has been so much talk of the team's absorption by either the League or the Brotherhood and Sharsig and Pennypacker have so frankly and so frequently expressed their perfect willingness to such absorption—for a consideration—that I wonder difficulties have not long since been adjusted. I understand that the true reason is that nobody wants the once far-famed Athletics. The Brotherhood might take the club if it could get it very, very cheap. Al. Reach, I am informed, wouldn't take it as a gift, and as a friend of Mr. Reach holds somewhere in the neighborhood of $8000 worth of Athletic Club bonds I do not see how a transfer or a sale is to be looked for in the near future. This bondholder, at least, has to be settled with before the club can be sold to the Brotherhood or anybody else for a song.

Source Sporting Life
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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