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| '''Charles Martin Edwards''' (b. ], ]) was the ] of ] from 1980 until approximately 2000. | '''Charles Martin Edwards''' (b. ], ]) was the ] of ] from 1980 until approximately 2000. | ||
| ==Biography== | |||
| ⚫ | Edwards was born in ], ]. At thirteen, he failed the entrance exam for ], his parents' first choice, and went to ] instead. He left at 18 with six ] and no ]. |
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| ===Education=== | |||
| ⚫ | He was elected to the Manchester United board in March 1970 |
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| ⚫ | Edwards was born in ], ]. At thirteen, he failed the entrance exam for ], his parents' first choice, and went to ] instead. He left at 18 with six ] and no ]. | ||
| ⚫ | He had never shown much interest in football before inheriting the club, preferring to play rugby on Saturday afternoons until giving up through injury. He tried to sell United to ] in 1984 and to the property developer ] in 1988. The sale |
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| ===Manchester United=== | |||
| The club's other directors were furious at the way the attempted sale was handled and persuaded Edwards to float the club on the stock market. This raised significant funds at the time, but this had all been paid back as dividends by 1999 and has since cost the club millions of pounds every season. It hasn't had the stabilising effect that was hoped for, with the threatened takeovers by ] and the Irish duo ] and ] and the leveraged buyout by ]<!-- the c*nt--> having had exactly the opposite effect, leading to large-scale protests and the creation of a breakaway club. | |||
| ⚫ | He was elected to the Manchester United board in March 1970. He became chairman in March 1980 when the previous chairman his father ] died. When ] voted to allow football clubs to have one paid director, he became ] and paid himself an annual salary of £30,000. | ||
| ⚫ | He has been subject to several newspaper allegations about his private life, one of which alleged that that "he enjoyed spying on women using the toilets at Old Trafford". Whether true or not, he resiged from his post at Manchester United soon after, though his nickname "toilet sniffer" is still widely used. | ||
| ⚫ | He had never shown much interest in football before inheriting the club, preferring to play rugby on Saturday afternoons until giving up through injury. He tried to sell United to ] in 1984 and to the property developer ] in 1988. The sale for £10m collapsed when after being given access to the club's books Knighton was unable to raise the funds to pay for the club. However Knighton was still given a seat on the board, and sources at the time suggested that this was in exchange for keeping quiet about what he had seen in the books. | ||
| After the failed sale the club's other directors persuaded Edwards to float the club on the stock market. This raised significant funds the majority for the existing shareholders such as Edwards. Being a public company did not have the stabalising effect that was originally hoped for. The club has been subject to takeover proposals by ]'s BSkyB with Edwards reportedly agreeing to sell his stake for £98m . Martin Edwards gradually disposed of his equity in the club and resigned as Chief Executive in 2000, appointing Peter Kenyon as his sucessor. | |||
| The Irish duo ] and ] also built a significant stake in the club. The club however continued to have unprecedented sucess on the football pitch despite an uneasy relationship between manager ] and Edwards. | |||
| Edwards was forced to resign as Chairman in 2002 after allegations of using a prostitute on an official club business trip to Switzerland. He however continued to represent the club at FA and UEFA meetings. | |||
| His connection to the club ended with the leveraged buyout by ]. | |||
| ==Contoversy== | |||
| ⚫ | He has been subject to several newspaper allegations about his private life, one of which alleged that that "he enjoyed spying on women using the toilets at Old Trafford". Whether true or not, he resiged from his post at Manchester United soon after, though his nickname "toilet sniffer" is still widely used. | ||
| == Reference == | == Reference == | ||
Revision as of 12:40, 15 September 2006
Charles Martin Edwards (b. 24 July, 1945) was the chairman of Manchester United from 1980 until approximately 2000.
Biography
Education
Edwards was born in Adlington, Cheshire, England. At thirteen, he failed the entrance exam for Stowe School, his parents' first choice, and went to Cokethorpe instead. He left at 18 with six O levels and no A levels.
Manchester United
He was elected to the Manchester United board in March 1970. He became chairman in March 1980 when the previous chairman his father Louis died. When the Football Association voted to allow football clubs to have one paid director, he became Chief Executive and paid himself an annual salary of £30,000.
He had never shown much interest in football before inheriting the club, preferring to play rugby on Saturday afternoons until giving up through injury. He tried to sell United to Robert Maxwell in 1984 and to the property developer Michael Knighton in 1988. The sale for £10m collapsed when after being given access to the club's books Knighton was unable to raise the funds to pay for the club. However Knighton was still given a seat on the board, and sources at the time suggested that this was in exchange for keeping quiet about what he had seen in the books.
After the failed sale the club's other directors persuaded Edwards to float the club on the stock market. This raised significant funds the majority for the existing shareholders such as Edwards. Being a public company did not have the stabalising effect that was originally hoped for. The club has been subject to takeover proposals by Rupert Murdoch's BSkyB with Edwards reportedly agreeing to sell his stake for £98m . Martin Edwards gradually disposed of his equity in the club and resigned as Chief Executive in 2000, appointing Peter Kenyon as his sucessor.
The Irish duo J.P. McManus and John Magnier also built a significant stake in the club. The club however continued to have unprecedented sucess on the football pitch despite an uneasy relationship between manager Alex Ferguson and Edwards.
Edwards was forced to resign as Chairman in 2002 after allegations of using a prostitute on an official club business trip to Switzerland. He however continued to represent the club at FA and UEFA meetings.
His connection to the club ended with the leveraged buyout by Malcolm Glazer.
Contoversy
He has been subject to several newspaper allegations about his private life, one of which alleged that that "he enjoyed spying on women using the toilets at Old Trafford". Whether true or not, he resiged from his post at Manchester United soon after, though his nickname "toilet sniffer" is still widely used.
Reference
Crick, Michael & Smith, David (1989). Manchester United - The Betrayal of a Legend. Pan Books Ltd. ISBN 0-330-31440-8.
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