Manchester United , founded as Newton Heath LYR in 1878 and renamed in 1902, is one of the world's most successful football clubs, playing at Old Trafford since 1910. After the tragic 1958 Munich air disaster, manager Matt Busby rebuilt the team and, with stars like George Best and Bobby Charlton, guided them to become the first English club to win the European Cup in 1968. The club's greatest era came under Alex Ferguson (1986–2013), who won 38 trophies, including a historic treble (Premier League, FA Cup, and Champions League) in 1999 and 13 league titles. With a joint-record 20 English league titles, 13 FA Cups, and 3 European Cups, United is among the most decorated clubs globally, generating over €676 million in annual revenue in 2016–17. However, since a leveraged buyout by Malcolm Glazer's family in 2005, the club has been saddled with significant debt while remaining one of the world's most valuable sports teams.