On this day in 1902, English Second Division outfit Newton Heath changed their name and became Manchester United.
Founded in 1878 by workers from the Lancashire and Yorkshire Railway, Newton Heath were in financial turmoil by 1902. Debts had risen to £2,500 and the club was largely expected to go bankrupt. But captain Harry Stafford met with the managing director of Manchester Breweries, a certain JH Davies.
Stafford convinced Davies to invest in the club and in turn Davies became the club president. The new ownership brought about significant changes to the club. Newton Heath became Manchester United.