Manchester United owner Malcolm Glazer, who bought the club back in 2005, dies at the age of 85.
Glazer purchased the club for £790 million leading to the Red Devils winning five Premier League titles and one Champions League trophy.
However it is understood that his death will not have a significant impact on the club’s ownership, with his children on the board still holding 90 percent of the club.
The statement on Manchester United’s official website read: “The thoughts of everyone at Manchester United are with the Glazer family tonight following the news that Malcolm Glazer has passed away. He was 85.”
“Malcolm leaves behind his wife Linda, six children and 14 grandchildren. Staff at Manchester United extend deep and sincere condolences to them all at this difficult time.”
The news was announced on the website of NFL team Tampa Bay Buccaneers, also a team own by the Glazer family.
A statement read: “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.”
The takeover of Manchester United by Glazer was extremely controversial for the supporters, due to the amount of debt he acquired when the club was obtained.