However, facing personal bankruptcy, White suddenly took his own life at his home King Edward's Place in 1927. This caused financial complications for Elvin, necessitating him to raise money within two weeks to commit to buy the stadium before it too was demolished. He was able to finance this by forming the 'Wembley Stadium and Greyhound Racecourse Company' He raised the money to buy the stadium at the original price he had agreed with White, and then immediately sold it back to the company, leaving him with a healthy personal profit.