Michael Knighton

Quick Facts

Full Name	Michael Knighton
Occupation	Entrepreneur
Date Of Birth	Oct 4, 1951(1951-10-04)
Age	73
Birthplace	Derbyshire
Country	United Kingdom
Birth City	England
Horoscope	Libra

Michael Knighton Biography

Michael Knighton is one of the most popular and richest Entrepreneur who was born on October 4, 1951 in Derbyshire, England, United Kingdom.

Michael Knighton (born 4 October 1951) is an English businessman, best known for his involvement in Manchester United and Carlisle United football clubs. Knighton first came to prominence in 1989 for his aborted £20 million bid to buy Manchester United, which resulted in him taking a seat on the club’s board.

Knighton first came to the attention of the public in August 1989, when he made a takeover bid of £20 million for Manchester United. At the time, this was a record figure for a British football club and the offer was accepted by chief executive Martin Edwards. Knighton promised to invest £10 million in the team’s stadium, Old Trafford, as well as re-establish the club as England’s top side. Knighton appeared on the pitch at Old Trafford before a game dressed in a full Manchester United football kit to publicise the takeover. Famously, he showed off his football skills by completing a long series of skilful “keepie ups”. The vehicle for the takeover was a Knighton-controlled company, MK Trafford, based in the Isle of Man and set up specifically for the purpose. A £10m contract for Edwards’ 50.06% stake was signed, subject to an audit of the club’s accounts, with a £20 per share offer submitted to the club’s other shareholders. The MK Trafford investors comprised Knighton, former Debenhams executive Bob Thornton and Stanley Cohen of the Betterware home shopping company. However, Thornton and Cohen pulled out in mid-September. Knighton sought other backers, with David Murray and Owen Oyston among those approached. As the deadline to complete the takeover loomed, Knighton abandoned his bid for control in exchange for a seat on the board.

Michael Knighton Net Worth

Michael Knighton is one of the richest Entrepreneur from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Michael Knighton 's net worth $5 Million. (Last Update: December 11, 2023)

Knighton grew up in Derbyshire and was a footballer in his youth. His great- grandfather, Willie Layton, was part of Sheffield Wednesday’s 1903 and 1904 league championship-winning teams, and also the FA Cup-winning team of 1907. As a teenager, Knighton spent a year as an apprentice at Coventry City. However, his football career was cut short due to a thigh injury. He studied at Bede College Durham University, where he gained a degree in physical education. He became a teacher in physical education and geography, and took a position at St. David’s School (now Huddersfield Grammar School) in 1976. He was appointed headmaster in 1980, and bought the school in 1983. He stopped teaching in 1984 to focus on property interests.

Height, Weight & Body Measurements

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Who is Michael Knighton Dating?

According to our records, Michael Knighton is possibily single & has not been previously engaged. As of December 1, 2023, Michael Knighton’s is not dating anyone.

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Knighton became increasingly unpopular with fans, a group of whom formed an independent supporters’ trust, known initially as CCUIST and today as The United Trust, to protest against his control and lobby for more fan involvement in the club. Brooks Mileson twice attempted to buy Knighton’s stake in Carlisle, in 1999 and 2001, but the two were unable to reach an agreement. Irishman John Courtenay was later backed to take over, but negotiations were protracted and Knighton fired manager Roddy Collins for his comments over the deal. Eventually, after Carlisle were put into voluntary administration, Courtenay purchased the club from Knighton in July 2002 and reinstated Collins.

Facts & Trivia

Michinori Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United Kingdom. Michael Knighton celebrates birthday on October 4 of every year.

In 2008, Knighton exhibited some of his artworks, a mix of sculpture and painting, at King’s College Chapel in Cambridge.

What happened to Michael Knighton?

He remained at Old Trafford until 1992, when he bought Carlisle United, enjoying some initial success before hard times hit, disenchantment grew and he sold up in 2002. He never returned to the game. Now 69, Knighton concentrates on the other great passion of his life, art.

Who would take over Man United?

Erik ten Hag said: “It is a great honour to be appointed manager of Manchester United and I am hugely excited by the challenge ahead. I know the history of this great club and the passion of the fans, and I am absolutely determined to develop a team capable of delivering the success they deserve.

How much would it cost to buy Man Utd?

The final valuation of the club was almost £790 million (approximately $1.5 billion at the exchange rate at the time).

When did Manchester United float on the stock exchange?

In 1991 Manchester United was successfully floated on the Stock Exchange with the club being valued at £18m. In 2001 Manchester United was the most successful stock market listed football club in the world making a pre-tax profit of nearly £22m.

Who wanted to buy man United?

There’s a feeling within the footballing industry that Sir Jim Ratcliffe wants to buy Manchester United from the Glazers, according to reports. The Red Devils have been owned by the Americans since 2005. And, 17 years on, they remain just as maligned as ever.