McGinnity was instrumental in top flight football bringing in all seater stadia following the Hillsborough Disaster in 1989 and subsequent Taylor Report by making former FA Chief Ted Croker a non-executive director of his PEL PLC Company which eventually went into administration in 2006.
A former director of West Bromwich Albion, McGinnity came to City in 1995 at the invitation of Bryan Richardson, who he later ousted. The club in this time ran up debts of close to £60m which were later halved before he stepped down due to ill health in 2006.
The 67 year old, who mainly lives in Mallorca, sold his shares to SISU in January this year and is believed to have waived a number of loans that he had made to the club.
McGinnity, of Edgbaston, Birmingham, was given the MBE for services to Disadvantaged People in the West Midlands.
Full honours list http://news.bbc.co.uk/1/shared/bsp/hi/pdfs/14_06_08_hons_full.pdf