Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Manchester United owner Malcolm Glazer dies

Manchester United owner Malcolm Glazer dies

Manchester United owner Malcolm Glazer has died aged 85.

Glazer, who also owns the Tampa bay Buccaneers, led the controversial takeover of the 20-time league champions in 2005 in a move which angered fans by saddling the club with £800 million of debt.

However since then, this amount has been halved and the club has floated a number of shares on both the Singapore and New York stock exchanges.

Glazer had been in ill health since 2006 after suffering a stroke, with his sons Joel, Bryan and Ed taking over the running of the two teams.

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

Glazer is survived by wife Linda, six children and 14 grandchildren.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Play Japan's slump, the umbrella revolution and the battle for Brazil

Japan's slump, the umbrella revolution and the battle for Brazil

With the arrows of Abenomics appearing to be missing their targets and political uncertainty rife in Hong Kong and Brazil we take a look at investor sentiment in this week's Investment Pulse

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter