 The club was presented with a winding up order in January 1902, and Bank Street was on the brink of being repossessed until they were saved at the eleventh hour by a wealthy local brewer, John Henry Davies.He and four other men, among them club captain Harry Stafford, invested a total of £2,000 in the club, now renamed Manchester United F.C., and Davies himself paid £500 for the erection of a new 1,000-seat stand at Bank Street.Within four years, the stadium had cover on all four sides, as well as the ability to hold approximately 50,000 spectators, some of whom could watch from the viewing gallery atop the Main Stand.