Elton John became the chairman and director of Watford F.C. in 1976, after supporting the team since his youth. John appointed Graham Taylor as manager and invested large sums of money as the club rose three divisions into the English First Division. At their height, the club finished runners up in the First Division to Liverpool in 1983 and reaching the FA Cup Final at Wembley Stadium in 1984. John sold the club to Jack Petchey in 1987, but remained president. Ten years later, John repurchased the club from Petchey and once again became chairman. He stepped down in 2002 when the club needed a full-time chairman, but continued as president. Although no longer the majority shareholder, John still holds a significant financial interest. In 2005 and 2010, John held a concert at Watford's home stadium, Vicarage Road, and donated proceeds to the club. He has remained friends with a number of high-profile players in football, including Pelé and David Beckham. From late 1975 to 1976, John was a part-owner of the Los Angeles Aztecs of the North American Soccer League. On 13 December 2014, he appeared at Watford's Vicarage Road with his husband and sons for the opening of the "Sir Elton John stand". He called the occasion "one of the greatest days of my life".