Edwards first met Matt Busby in 1950 , as they were introduced by a mutual friend . From the mid 1950s he was an investor in Manchester United and joined the club 's board of directors the day after the Munich Air crash in February 1958 and bought ten shares worth £ 1 each . He became vice-chairman in December 1964 and club chairman in June 1965 upon the death of Harold Hardman , overseeing United 's success in winning the Football League First Division in 1967 , finishing runners up in 1968 , and the European Cup on 29 May that year . By the early 1970s Edwards was the majority shareholder at the club . The upgrade and development of Old Trafford occurred under his chairmanship , including a new cantilever stand , ringed by theatre style executive boxes . Other stands and restaurants were added , with relatively modern training facilities
Munich Air crash
Munich air disaster
Louis Edwards