made his fortune in property, shot to prominence in August
Glazer family Knighton, who made his fortune in propert find y, shot to prominence in August 1989 when he made a takeover bid of £20million for United, which was a record bid for a British football club at the time. The offer was accepted by chief executive Martin Edwards house and Knighton pledged to invest £10m in Old Trafford an to former glories on the pitch. Knighton also recognised the off-field potential of United, predicting they would be a £150m business within 15 years (as it ha). His business plan identified several areas for development – business such as television rights, merchandise and a hotel – despite the fact United hadn’t won a league championship since the late 1960s. Ahead of a match against Arsenal at the beginning of the 1989-90 season, Knighton juggled a ball on the Old Trafford pitch in front of 47,000 fans while dressed in full United kit. Knighton holds up a United scarf after making his £20m offer for the club in 1989