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Malcolm Glazer

Born May 25, 1928 (1928-05-25) (age 80)
Flag of the United States Rochester, New York
Occupation Businessman and sports-team owner
Net worth ▲ $2. Events 1085 - Alfonso VI of Castile takes Toledo Spain back from the Moors. Year 1928 ( MCMXXVIII) was a Leap year starting on Sunday (link will display full calendar of the Gregorian calendar. Rochester is a city in Monroe County, New York State, south of Lake Ontario in the United States. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous A businessperson (also businessman or businesswoman) is someone who is employed at usually a profit-oriented enterprise, or more specifically someone 0 billion [1]
Spouse Linda Glazer
Children Avram, Kevin, Bryan, Joel, Darcie and Edward

Malcolm Irving Glazer (born May 25, 1928 in Rochester, New York) is an American businessman and sports-team owner. Avram "Avie" Glazer is part of the Glazer family he is the son of Malcolm Glazer, who control First Allied Corporation, the Tampa Bay Buccaneers Bryan Glazer is part of the Glazer family who control First Allied Corporation, the Tampa Bay Buccaneers of the NFL, and who have purchased a controlling Joel Glazer is part of the Glazer family who control First Allied Corporation and the Zapata Corporation, the Tampa Bay Buccaneers of the NFL Events 1085 - Alfonso VI of Castile takes Toledo Spain back from the Moors. Year 1928 ( MCMXXVIII) was a Leap year starting on Sunday (link will display full calendar of the Gregorian calendar. Rochester is a city in Monroe County, New York State, south of Lake Ontario in the United States. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The United States of America —commonly referred to as the He is president and chief executive officer of First Allied Corporation, a holding company for his varied business interests, most notably in the food processing industry. President is a Title leaders of Organizations companies, Trade unions universities, and countries. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator A holding company is a company that owns part all or a majority of other companies' outstanding Stock. He holds controlling stakes in England's Manchester United Football Club and the Tampa Bay Buccaneers, a National Football League team located in western Florida, United States. England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland The Tampa Bay Buccaneers (often shortened as the Bucs) are a professional American football team based in Tampa Florida. The National Football League ( NFL) is the largest professional American football league. Florida ( is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the The United States of America —commonly referred to as the

Contents

Biography

Glazer was the fifth of seven children. He inherited his father's wholesale jewelry business[2]. At that time he had just $300 to his name. Within five years he started investing in other businesses. He is Jewish.

The business first expanded into property, buying several mobile home (or "trailer") parks in the 1970s, mainly in the Florida area. This article is about the Decade 1970-1979 For the Year 1970 see 1970. He went on to become president and chief executive officer of First Allied Corporation[3], a U. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator S. holding company for his various business interests, such as food processing, marine supplies, health care, real estate, energy exploration, and broadcasting.

Malcolm Glazer now lives in Palm Beach, Florida. Palm Beach is an upscale Incorporated town in Palm Beach County, Florida, United States. Florida ( is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the He is married to Linda and has five sons and one daughter: Avram, Kevin, Bryan, Joel, Darcie and Edward[4]. Avram "Avie" Glazer is part of the Glazer family he is the son of Malcolm Glazer, who control First Allied Corporation, the Tampa Bay Buccaneers Bryan Glazer is part of the Glazer family who control First Allied Corporation, the Tampa Bay Buccaneers of the NFL, and who have purchased a controlling Joel Glazer is part of the Glazer family who control First Allied Corporation and the Zapata Corporation, the Tampa Bay Buccaneers of the NFL Three of them (Joel, Bryan and Edward), are vice-presidents in First Allied. He runs a wide-ranging business empire that includes shopping centers and nursing homes.

On 16 April 2006, Glazer suffered a stroke causing impaired speech and loss of mobility in his right arm and leg. Events 1178 BC - A Solar eclipse may have marked the return of Odysseus, legendary King of Ithaca, to his kingdom Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. [5] At the time, his son Joel said "My father's spirits are high and doctors expect his condition to improve with rehabilitation," but after spending much of the intervening period in the hospital, Glazer suffered a second stroke in May, 2006[6]. Joel Glazer is part of the Glazer family who control First Allied Corporation and the Zapata Corporation, the Tampa Bay Buccaneers of the NFL

Business history

Glazer’s first attempt at a corporate takeover was in 1984, when he launched an unsuccessful 7. Year 1984 ( MCMLXXXIV) was a Leap year starting on Sunday (link displays the 1984 Gregorian calendar) 6 billion dollar bid to buy the bankrupt freight rail company, US Conrail. Consolidated Rail Corporation, also known as Conrail, began operations on April 1, 1976 as a federally funded takeover of the major railroad He also failed in an attempted takeover of kitchen designer Formica in 1988 and, later, with motorcycle manufacturer Harley-Davidson. Formica is a brand of Composite materials manufactured by the Formica Corporation based in Cincinnati, Ohio, United States. Year 1988 ( MCMLXXXVIII) was a Leap year starting on Friday (link displays 1988 Gregorian calendar) Harley-Davidson Motor Company ( formerly HDI is an American manufacturer of Motorcycles based in Milwaukee Wisconsin.

One of the companies that Glazer did purchase successfully was the nearly bankrupt Zapata, an oil and gas company founded by George H. W. Bush. George Herbert Walker Bush (born June 12 1924 served as the forty-first President of the United States from 1989 to 1993 Glazer successfully diversified it into fish protein and Caribbean supermarkets. The Caribbean (ˌkærəˡbiən kæ'rəbiən Cariben|Caraïben or Caraïben; Caraïbe or more commonly Antilles; Caribe is a Region consisting

Glazer has owned a diverse portfolio of nationwide investments which include food service equipment, food packaging and food supplies, marine protein, broadcasting, health care, property, banking, natural gas and oil, the Internet, stocks and bonds and even sausage skins makers. In finance a portfolio is an appropriate mix of or collection of investments held by an institution or a private individual The foodservice (or food service) industry (US English catering industry in British English encompasses those places institutions and companies responsible For the band see Broadcast (band Broadcasting is the distribution of audio and/or Video signals which transmit Health care is the prevention treatment and management of illness and the preservation of mental health through the services offered by the medical, Nursing Property is any physical or virtual entity that is owned by an individual A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money Natural gas is a Gaseous Fossil fuel consisting primarily of Methane but including significant quantities of Ethane, Propane, An oil is a substance that is in a viscous Liquid state ( "oily") at ambient temperatures or slightly warmer and is The Internet is a global system of interconnected Computer networks Stocks are devices used since Medieval times for Public humiliation, Corporal punishment, and Torture. In Finance, a bond is a Debt security, in which the authorized issuer owes the holders a debt and is obliged to repay the principal and Interest

Sports ownership

Tampa Bay Buccaneers

Since 1995, Malcolm Glazer has been the owner of the Tampa Bay Buccaneers, a National Football League franchise, after paying $192 million to buy the team following the death of former owner Hugh Culverhouse. The Tampa Bay Buccaneers (often shortened as the Bucs) are a professional American football team based in Tampa Florida. The National Football League ( NFL) is the largest professional American football league. Hugh Franklin Culverhouse Sr (1919 &ndash August 26, 1994) was the longtime owner of the Tampa Bay Buccaneers of the National Football League The front office staff of the team includes Bryan Glazer, Edward Glazer and Joel Glazer. Bryan Glazer is part of the Glazer family who control First Allied Corporation, the Tampa Bay Buccaneers of the NFL, and who have purchased a controlling Joel Glazer is part of the Glazer family who control First Allied Corporation and the Zapata Corporation, the Tampa Bay Buccaneers of the NFL

The Glazer family was enticed by Baltimore with plans for a new more profitable stadium, but stayed in Florida after the city of Tampa passed legislation for and a new state-of-the-art stadium Raymond James Stadium. Raymond James Stadium is a multi-purpose football stadium located in Tampa Florida. It was built in Tampa to retain the team and replaced the old dated Tampa Stadium that was maligned by sportscaster Chris Berman as the "Big Sombrero" for its shape. Tampa Stadium (known as Houlihan's Stadium from 1996 to 1998 and nicknamed "The Big Sombrero ") was a Sports venue located at In 2007, the franchise was valued at $963 million by Forbes magazine. Professional Sports leagues are organized in numerous

Prior to Glazer ownership, the Buccaneers were perennial losers, maligned by others as the Yuccaneers and other derogatory names. The hiring of qualified football coaches and office staff quickly turned around the franchise and in a short few years the team was a playoff contender. In the 1999 season the team, then coached by Tony Dungy, was defeated in the NFC championship game by the heavily favored St. Anthony Kevin "Tony" Dungy (born October 6, 1955) is a former professional American football player and the current Head coach of the Louis Rams by a score of 11-6 in a game in which the Bucs and their defensive-minded scheme nearly pulled a major upset. In the 2002 season, the first season with new coach Jon Gruden, the Buccaneers defeated the Oakland Raiders for their first Super Bowl victory. Jon D Gruden (born August 17, 1963 in Sandusky Ohio) is the current head coach of the Tampa Bay Buccaneers of the NFL. The Oakland Raiders are a professional American football team based in the city of Oakland California. Gruden had coached the Raiders the previous season.

Manchester United

Main article: Malcolm Glazer takeover of Manchester United

In May 2005, Glazer paid $1. After Manchester United FC was floated on the stock market in 1990 the high value of the club made it seem unlikely that a hostile takeover would be possible Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. 47 billion for 28. 7 percent of English Premier League football team Manchester United, following a nearly year-long takeover battle. The Premier League, colloquially referred to as the Premiership, is an English professional league for football clubs Association football, more commonly known as football or soccer, is a Team sport played between two teams of eleven players and is widely considered In business a takeover is the purchase of one company (the target) by another (the acquirer, or bidder) The takeover was fiercely opposed by many fans of Manchester United, who organised themselves in the form of the independent Manchester United Supporters' Trust (formerly Shareholders United), partly due to the fact that the Glazer takeover saddled the club with a large debt (over $850m) and interest that comes with it (approx £60 million a year) but also due to many fans' belief that the club should be in the hands of fans and not business men. Manchester United Supporters' Trust (formerly Shareholders United) is the official supporters' trust of Manchester United F Manchester United Supporters' Trust (formerly Shareholders United) is the official supporters' trust of Manchester United F The mainly match-going fans object to the escalating ticket prices at a time when the club receives more money than ever from TV and sponsorship deals. Supporters of Manchester United in other parts of the world, such as North America and the Far East, have, in relative terms, looked upon the transition in ownership with relative dispassion. Since the deal went through Malcolm Glazer himself has played little visible role at the club, which seems to be run mainly by his children, several of whom are club directors, while he is not. However, the club has been successful since his takeover and has continued spending large amounts of money to attract the best players to the club. The team has won several Premier League titles and in 2008 won the UEFA Champions League.

References

  1. ^ #160 Malcolm Glazer & family. The 400 Richest Americans. Forbes, 2007.
  2. ^ BBC SPORT | Football | My Club | Man Utd | Glazer takes shine to Man Utd
  3. ^ Glazer Family Foundation : About Us
  4. ^ CBC Sports Online: Newsmaker: Malcolm Glazer
  5. ^ "Glazer recuperating after stroke", BBC News, 24 April 2006. Retrieved 28 June 2006.
  6. ^ RTÉ Sport: Glazer suffers a second stroke

[1], BusinessWeek, March 15, 2004

External links

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