History of Manchester United F.C. (1945–69) replace Harry Gregg. History of Manchester United F.C. (1945–69) Manchester United Football Club is an English professional football club, based in Old Trafford, Greater Manchester, that plays in the Premier League. Founded as Newton Heath LYR Football Club in 1878, and changed its name to Manchester United in 1902. United had been league champions in 1908 and 1911, as well as winning the FA Cup in 1909, but the interwar years were less successful as financial problems blighted the club, who spent the 1920s, and 1930s bouncing between the First and Second Divisions. The club's Old Trafford stadium was then
Manchester United F.C. after the resumption of football following the First World War, the club was relegated to the Second Division, where it remained until regaining promotion in 1925. Relegated again in 1931, Manchester United became a yo-yo club, achieving its all-time lowest position of 20th place in the Second Division in 1934. Following the death of principal benefactor John Henry Davies in October 1927, the club's finances deteriorated to the extent that Manchester United would likely have gone bankrupt had it not been for James W. Gibson, who, in December 1931, invested £2,000 and assumed control of the club. In the 1938–39