In January 1902, with debts of £2,670 (2015 equivalent of £260,000) the club was served with a winding-up order. Captain Harry Stafford found four local businessmen – including John Henry Davies, who became club president, to invest £500 in return for a direct interest in running the club. To mark their fresh start, the club's name was changed to "Manchester United" on 24 April 1902. When are you going to start afresh with the Manchester United F.C. Wallet 7000 and go on to attain the legendary success that the once-named Newton Heath LYR Football Club has.