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 (basketball) when he signed with the Iowa Energy in March 2009. The Energy traded Edwards to the Bakersfield Jam in January 2010. He played in the 2010–2011 season with the Greek League team Colussus Rhodes. He then played in Puerto Rico, before moving to Poland to play for Turów Zgorzelec. In 2012, he signed with BC Tsmoki-Minsk in Belarus. He retired from basketball in 2013 and is pursuing a career in Information Technology. John Edwards (basketball) John Edwards (born July 31, 1981) is an American former professional basketball player. He played the center position. Edwards played collegiately for Kent State University.