Michael Knighton Net Worth

Entrepreneur




Michael Knighton’s net worth is estimated at $1 Million – $5 Million.
Michael Knighton was born on 4 October, 1951 in Derbyshire, United Kingdom, is an Entrepreneur. Find out about the life of this billionaire, including Michael Knighton’s net worth, age, family, dating life, salary, and assets.

Popular As Michael Knighton
Occupation Entrepreneur
Age 70 years old
Zodiac Sign Libra
Born 4 October 1951
Birthday 4 October
Birthplace Derbyshire, United Kingdom
Nationality British

What is Michael Knighton’s net worth?

Michael Knighton’s net worth has been growing in 2020-2021.Michael Knighton is 70 years old and has a net worth of $1 Million – $5 Million.

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Early Life: Source Wikipedia

2019

In late 2014, Knighton announced an upcoming book Visionary: Manchester United and Michael Knighton, stating “It is a book (written by others) that tells of the whole Manchester United-Michael Knighton story. I hope it will see the light of day quite soon.” As of June 2019, the book, written by Phillip Vine and published by Pitch Publishing, was scheduled to be released on 16 September 2019.

In August 2019, Knighton said that he was writing a book about his time at Carlisle United to be published in 2020.

2015

On 25 June 2015, Knighton commented on the Carlisle United takeover bid from a reputed billionaire. Knighton was quoted as saying “If this person is a genuine billionaire, or even if he’s just extremely wealthy, and if he’s legitimately interested, then this has now been going on too long. He needs to be transparent, to say that this is who I am and this is where the club will be at the end of my ownership. At the end of the day, the club is a community asset, and any owner should respect that”

2008

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

2002

Since leaving Carlisle United in 2002, Knighton has not returned to the city. However Knighton stated he would return if invited.

1999

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.

1997

After a poor start to the 1997–98 season, Knighton dismissed popular manager Mervyn Day and took over the management and coaching of the team himself. The move proved unsuccessful, and Carlisle were relegated back to Division Three. He kept himself as head coach until December 1998, when he handed the job over to Nigel Pearson. Knighton remained chairman of the club, but no longer had the financial resources to achieve another promotion. Carlisle struggled in the bottom division, only avoiding relegation to the Football Conference with a last-minute goal by goalkeeper Jimmy Glass, in what is one of football’s most famous comebacks.

1996

In 1996 Knighton was publicly mocked over his claims to have seen a UFO. He claimed that he and his wife Rosemary had seen a UFO in 1976. The local newspaper, the Evening News and Star, broke the story with the headline ‘Knighton: Aliens Spoke To Me’.

1995

Initial success saw Carlisle win Division Three and achieve promotion in 1995, as well as reaching the final of the Football League Trophy; they were relegated the following season but promoted back again to Division Two in 1997. In 1997 they also reached a second Football League Trophy final, beating Colchester United on penalties.

1992

After the Manchester United deal, Knighton went on to buy Carlisle United, based in the Cumbrian city of Carlisle in 1992. At the time, they were in the bottom division of the Football League and Knighton set about building up the club who he claimed he could return to the top league of English football, the Premier League (Carlisle had previously played at that level in the 1974–75 season).

1989

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.

1951

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.

1903

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.

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