History of Manchester United F.C. (1878–1945) April 1902, given that the team now had few ties with its origins; it was no longer based in Newton Heath, the new owners renamed the club Manchester United Football Club, after considering the alternative names "Manchester Celtic" and "Manchester Central". They also changed the team's colours to red and white. Having been saved from liquidation by four wealthy businessmen, the club played its first season as Manchester United in 1902–03. The badly needed injection of cash, plus some new players, gave the flagging side the boost it needed. They won 15 league games, notched up 38 points, and finished
Manchester United F.C. players. In 1968, under the management of Matt Busby, Manchester United became the first English football club to win the European Cup. Alex Ferguson won 38 trophies as manager, including 13 Premier League titles, 5 FA Cups and 2 UEFA Champions Leagues, between 1986 and 2013, when he announced his retirement. Manchester United was the highest-earning football club in the world for 2016–17, with an annual revenue of €676.3 million, and the world's most valuable football club in 2018, valued at £3.1 billion. As of June 2015, it is the world's most valuable football brand, estimated to be worth $1.2