History of Manchester United F.C. (1878–1945) History of Manchester United F.C. (1878–1945) Manchester United Football Club was formed in 1878 as Newton Heath LYR Football Club by the Carriage and Wagon department of the Lancashire and Yorkshire Railway depot at Newton Heath. The team initially played games against other departments and rail companies at their home ground at North Road, but by 1888 the club had become a founding member of The Combination, a regional football league. However, following the league's dissolution before the end of its first season, Newton Heath joined the newly formed Football Alliance, which ran for three seasons before being merged with
Glazer ownership of Manchester United 28 June said that Red Football's shareholding had reached 98% (259,950,194 shares), prompting a squeeze out of the remaining shareholders. The final valuation of the club was almost £790 million (approximately $1.5 billion at the exchange rate at the time). As a result of the Glazer takeover, a small group of disgruntled Manchester United supporters created a new club called F.C. United of Manchester. This so-called "phoenix club" was accepted into the North West Counties Football League second division, six promotions away from The Football League, and secured promotion in each of its first three seasons, twice as league champions.