Promoted to the board a few days after the Munich air disaster, Louis Edwards, a friend of Matt Busby, began acquiring shares in the club; for an investment of approximately £40,000, he accumulated a 54 per cent shareholding and took control in January 1964.
Promovido ao cargo de presidente uns días despois do desastre de Múnic, Louis Edwards, un amigo de Busby, comezou a adquirir accións do club; logo dun investimento de case 40 000 GBP, acumulou unha porcentaxe de participación do 54%, polo que asumiu o control do equipo en 1964.