Michael Knighton Net Worth: How Rich This English Entrepreneur in 2022?

Businessman Michael Knighton of England is a fan favorite for his involvement with both Manchester United and Carlisle United. After he failed £20 million bid to buy Manchester United in 1989, Knighton became a household name. His actions caused him to be included in the club’s governing body.

A businessman who famously considered buying the Reds in the 1980s has renewed his interest in the team. A second bid for control at Old Trafford from a familiar face, Michael Knighton, appears to be in the works, and he is once again in the running to take over Manchester United.

In the 1980s, a single bid was accepted for ownership of the Red Devils. A previous deal fell through, but could the 70-year-old businessman’s second try at acquiring Premier League powerhouses be successful this time? GOAL answers that looming concern about the future of the Theatre of Dreams by providing information about a possible new owner.

Michael Knighton Early Life

Michael Knighton, an English businessman, was born on October 4, 1951. Knighton was born and raised in Derbyshire, where he also learned to love the beautiful game. His great-grandfather, Willie Layton, played for the Sheffield Wednesday teams that won the league championship in 1903 and 1904 and the FA Cup in 1907.

Michael Knighton Early Life

As a young man, Knighton served as an apprentice for a year at Coventry City. His promising football career was cut short by a thigh injury, however. He first attended Bede College, Durham University, to receive a degree in physical education before transferring to St. Cuthbert’s College, Durham University, to study philosophy, politics, and Mandarin Chinese.

He started teaching PE and Geography at St. David’s School in 1976. (now Huddersfield Grammar School). He became the school’s headmaster in 1980 and eventually bought it for himself in 1983. He left his teaching position in 1984 to focus on real estate.

Michael Knighton’s Net Worth

In terms of cold, hard cash, Knighton is valued at almost $5.8 million. Manchester United is now owned by the Glazer family, who have a combined net worth of $4.7 billion (about £3.9 billion).

Net worth: £5.8 million ($7m)
Source of wealth: Real estate, property
Date of birth: October 4, 1951
Nationality: British

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In the past, he has been associated with two distinct football clubs, Manchester United and Carlisle United. He was also a competitive football player until he hurt his thigh. He was the physical education and geography teacher at his current school before being promoted to principal.

Michael Knighton Career

He stopped instructing full-time in 1984, the year after he bought the school, to focus on real estate. Later in life, he showed a similar passion for visual arts by writing about and sculpting poems and paintings. Several of his works are on display at London’s Royal Academy of Arts.

However, millionaire John Knighton’s desire to take ownership of Manchester United has recently been in the press despite the fact that the club is not for sale. Knighton, like many other United fans, thinks the current owners, the Glazer family, are mismanaging the club.

What Are Michael Knighton’s Business Interests?

Knighton, a native of Derbyshire, was born in that county in October 1951. He grew up with the goal of being a professional football player. His great-great-grandfather, Willie Layton, was a player for the 1903 and 1904 league champion Sheffield Wednesday side, as well as the 1907 FA Cup champion Sheffield United.

What Are Michael Knighton’s Business Interests?

Knighton had a brief stint as a trainee with Coventry City until a devastating thigh injury ended his career. After finishing college in 1976, he opted to enter the teaching profession and began working as a geography and PE teacher in Huddersfield.

He worked his way up to headmaster before deciding to buy the school outright in 1983. The next year, he retired to devote himself full-time to his property development firm. His fortune was amassed largely thanks to his success in that arena.

Michael Knighton Personal Life

We don’t know anything about Knighton’s wife, Rosemary Knighton, or her current line of work. In 1976, he and his wife made national headlines when they claimed to have seen a UFO and went on television to talk about it.

Michael Knighton Personal Life

To this day, Knighton has never spoken publicly about his family, thus all that is known about his ancestry is that his great-grandfather was also a football player in the early 1900s. It is unknown what the names of the kid and the girl who is currently under the care of Knighton and his wife are.

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What Has Michael Knighton said About a Man UTD Takeover?

When it was announced that Knighton’s £20m ($24m) acquisition proposal had been accepted by then-CEO Martin Edwards in August 1989, the news prompted the legendary image of Knighton running onto the pitch at Old Trafford to engage in some Keepie-Uppies.

He promised to invest heavily in the club, including renovating Old Trafford and acquiring top-tier talent.  It never happened, and after Knighton bought Carlisle United in 1992, the club’s disgruntled fan base used him as an easy scapegoat for the next decade.

He recently told Man Utd The Religion, “We are a club in crisis and we all know the reason why,” referencing the mounting opposition to the Glazer family, which spurred him to re-enter the Red Devils’ ownership contest. Our owners are a bunch of dummies that don’t understand the game of football and are totally ineffective.

One of my primary objectives is to get new ownership of the football team. Things are progressing smoothly now that I have the people’s support and financial backing. The offer documentation is still being drafted.

Remember that this is a hostile offer, which means the club isn’t really for sale. However, I want to provide these proprietors with a legally binding and commercially viable offer that amounts to saying, “You’ve come to the end of the road; leave now; your tenure here has expired.”

What Has Michael Knighton said About a Man UTD Takeover?

Our football team needs new management since the current group has had its chance and has delivered nothing but disappointment over the previous 17 years. The time for them to leave has come.

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Lucy Miles

Lucy is a content editor at Bulletin XP, where she works to produce top-quality materials. With a journalism background and a love of clear communication, she excels at creating engaging and accurate content. In her free time, Lucy enjoys reading, writing, and spending time with her loved ones.

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