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Owner of 20 times Premier League winners Manchester United and NFL sideTampa Bay Buccaneers, Malcolm Glazer has died at the age of 86 as the world now mourns his death.One of the guiding force behind the building of a Super Bowl-champion organization, Glazer and his family bought theBuccaneers in 1995, while he acquired ownership of Manchester United between the period of 2003 and 2005.In his honour, we bring you a slideshow of five such things you should know about Malcolm Glazer:
#1 Malcolm Glazer was once known as a slumlord
After winning the concession at the Sampson Air Force Base, Malcolm Glazer tried his hand in real estates with investments flooding towards single-family homes, duplexes, and commercial buildings in Rochester, following the ownership and management of mobile-home parks, most particularly in Florida.
After acquiring the Tampa Bay Buccaneers in 1995, several of Glazer’s tenants staying at his numerous trailer parks filed a lawsuit on him, accusing him and his company First Allied Corporation for illegally charging more money for pets and each resident other than the first two residents of a household. Tenants were forced to pay an extra of $5-per-month for pets and $3-per-month for the latter. The residents demanded $100-million in punitive damages.
Eventually, Glazer did drop the extra fees, and one tenant even went onto to get a reasonable amount of refund.
"People think that if they sue you, you'll pay them some money in order to avoid the aggravation," said his lawyer, Nusbaum, who represented him in the case.
#2 Who created the Malcolm Glazer the world knows now?
Malcolm Glazer had started out early at the age of 8 when he used to join his father at work where he would help him repair watches in Utica, New York.
However, upon his father's death in 1943, the time had come for 15-year-old Glazer to grow.
Giving up his education at the Sampson College in Rochester, he took over the charge of his father’s wholesale jewelry business in Rochester, N.Y at the tender age of 15, and all that is father left for the family was $300 in a cigar box.
Glazer later admitted, "Probably the most tragic thing in my life. But it was good in one way. It made me a man."
After working for a while at the at Sampson Air Force Base under negotiated concessions, real estate had gotten his attention.
#3 Malcolm Glazer tried to buy Harley Davidson
Throughout his business career, Glazer had tried to takeover multiple corporate companies though his holding company First Allied Corporation, with his $7.6 billionbid forbankrupt freight Rail Company, Consolidated Rail Corp which was also known as US Conrail was the first of many. His attempt to buyAmerican motorcycle manufacturing giant Harley Davidson in 1989 ended in failure.
Even though his takeover bids failed to bore the result that he was hoping for, Glazer came away with profits when he sold the 6.9%shares he held at the company.
#4 Malcolm Glazer wasn\'t all about business
Often known to be notoriously business-minded, Glazer has also been active with his philanthropic efforts. He started the Glazer Family Foundation in 1999, a charity trust fund dedicated towards the cause of education for young children in the Tampa Bay community, giving them better lives by establishing impactful programs that could shape their lives.
The foundation had donated $1.5-million worth of grants in the form of Bucs tickets, programs, and many other contributions during its first four years. Following that, he has also overseen the making of the Glazer Family Foundation’s Vision Program, a program created in 2006 which helped in the detection of vision problems of kids studying in school at an early age. His donation of $5 million toward the construction of the Glazer Children's Museum in downtown Tampa, was also met with much appreciation when it was first opened on September 25, 2010.
#5 Malcolm Glazer has never set his foot inside Old Trafford
You would think after acquiring one of the biggest football clubs in Europe, Malcolm Glazer would be involved in the daily club-to-club basis like the Sheikhs and Romans. However, Glazer has never even set a foot inside Old Trafford, the clubs home ground since taking ownership almost a decade ago.
Following his death now, the club will continue to be headed by his sons, Joel and Avram, who took over the helms of the club aftertheir father suffered a stroke in April 2006.
