Manchester United and Bucs Owner Malcolm Glazer Dies at 85

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Malcolm GlazerCredit: Reuters

Malcolm Glazer, the self-made billionaire who owned English Premier League club Manchester United and the NFL's Tampa Bay Buccaneers died on Wednesday at the age of 85.

The reclusive Palm Beach businessman had been in failing health since April 2006, when a pair of strokes left him with impaired speech and limited mobility in his right arm and leg.

Glazer's unobtrusive management style helped transform the Bucs from a laughing stock into a model franchise that in 2003 won the Super Bowl 48-21 over the Oakland Raiders.

He raised his profile with a $1.47 billion takeover of Manchester United that was bitterly opposed by fans of one of the world's richest soccer clubs in 2005.

Manchester United won five Premier League titles (2007, 2008, 2009, 2011, 2013) since Glazer bought the team and also captured the Champions League title in 2008.

In announcing Glazer's passing, the Buccaneers said a long-established succession plan is in place that will assure the team will remain in the family for generations to come. Glazer's wife, five sons and daughter will continue as the team's owners.

A private funeral service will be held, and a celebration of his life will be announced at a later date.