John Towers (businessman) Nick Stephenson and John Edwards, Towers formed Phoenix Venture Holdings (PVH) which bought Rover Group for £10 in April 2000. In addition they also bought the Studley Castle, a conference hotel. They subsequently purchased Midland Powertrain, MG Rover's engine plant from BMW for £20. Finally, for £50 along with an undisclosed sum from the Royal Bank of Scotland, they purchased Rover Capital, (now MG Rover Capital) a book of Rover car loans. Kevin Howe was appointed MG Rover's Managing Director in July 2000. In April 2005, MG Rover went into administration, following the collapse of takeover talks with Shanghai Automotive
John Edwards (singer) the Hot 100 in early 1980, and number 1 on the UK singles chart. Edwards remained with the Spinners until 2000, when he was incapacitated by a debilitating stroke, and was forced to retire. John Edwards (singer) Jonathan Edwards (born December 25, 1944), known as John Edwards, is an American soul singer who had a moderately successful solo career before becoming lead singer of The Spinners between 1977 and 2000. Born in St Louis, Missouri, Edwards began his musical career by singing in clubs while stationed in Germany when in the US Army. After returning to live in Duluth, Georgia,