I believe in some way University was absorbed/taken over into the Melbourne Football Club at end of 1914. Rarely talked about but I think that is how it played out.University played in the VFA for four seasons but had dropped to the Metropolitan league in the late 1890's
VFA 1885 to 1888
MJFA 1892, 1905-1907
VFL 1908-1914
VJL 1919-1920
MAFA/VAFA 1921+
Also Essendon VFA team that played in Essendon whilst the Essendon VFL team played at East Melbourne was similarly absorbed by North Melbourne. Essendon VFL was then allowed to play in Essendon, EMFG got turned into Railway yards where they used to play and North like vultures took what was left of Essendon VFA club. Then North joined the VFL in 1925. I think their first VFL grand final was against Essendon too...