Although the Yankees survived only a short time, they beat Celtic in a prestige friendly and effectively won the 1931 National Challenge Cup.
However, by 1931 they were suffering financially and Sam Mark, owner of the franchise, moved the club to New York, hoping that a new market there would be more lucrative.
After the merger, the new club was unable to re-register for the competition, so they continued to play in the Challenge Cup as Fall River F.C.
With a team featuring Billy Gonsalves and Bert Patenaude they eventually beat Chicago Bricklayers in a final played as a three-game series.
[2] In the summer of 1931, a Yankees team featuring Gonsalves, Patenaude and George Moorhouse twice played Celtic in friendlies.