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Malcolm Glazer, the man who bought Manchester United in 2005, has died aged 85

 

eNewsletter

Business tycoon and Manchester United owner Malcolm Glazer has died at the age of 86.

He leaves behind his wife Linda, six children, all of whom are on the Manchester Unite board, and 14 grandchildren.

Glazer bought United for £790 million in 2005 under controversial circumstances, as he incurred debts with the purchase, and used the club's profits to offset them. The club had never had any debt until Glazer's takeover, and their debt presently stands at around £400m.

Fan protests followed and even a new club, named F.C United, were formed by angry United fans who boycotted the club under the Glazers.

Yellow and green scarves have also been used as a for fans to voice their protest against Glazer and his children, who took over the club after Glazer suffered two strokes.

Despite the controversy of his ownership, the club has won five Premier League titles as well as the 2008 Champions League title since his takeover, although the season just finished was less than successful and led to the sacking of manager David Moyes.

A statement on the Manchester United website read: "The thoughts of everyone at Manchester United are with the Glazer family tonight following the news that Malcolm Glazer has passed away."

"Staff at Manchester United extend deep and sincere condolences to them all at this difficult time."

NFL team Tampa Bay Buccaneers was bought by Glazer in 1995, and took them from one of the smallest franchises in the NFL to Superbowl champions. In a statement the franchise said, "We are saddened to announce the passing of Owner/President Malcolm Glazer earlier this morning."

"A dynamic business leader, Glazer helped mould the Buccaneers into a model franchise and one respected league-wide. Since being purchased by Glazer in 1995, the Buccaneers franchise has earned seven playoff berths, five playoff wins, and captured its first Super Bowl championship in 2002."

"Known among his league peers as a pioneering thinker, Glazer infused his team and employees with the determination and dedication to be the best in the NFL. Glazer's commitment to building a championship organization has provided the foundation for continued success, on and off the field."

"Glazer's input was instrumental on the league level as well, as evidenced by his time serving on the NFL's Finance Committee. He also played a major role in Tampa becoming a host for the Super Bowl on several occasions."

The opinion of Glazer differs greatly on the other side of the Atlantic, with many in America seeing Glazer as a pioneer for taking Tampa Bay from relative nobodies to SuperBowl champions in 2002.

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