Malcolm Glazer dies: Man Utd's former owner passes away at 86
Malcolm Glazer, the billionaire who led a controversial takeover of Manchester United, has died at the age of 86.
However, they went on to win five Premier League titles and the Champions League under his ownership.
The New York-born American's sons, Joel
and Avram, took over the day-to-day running of the club after their
father suffered a stroke in April 2006.
The Glazer family retain a 90% share in United - split equally among Glazer's six children - with 10% listed on the New York Stock Exchange.
Glazer, who never actually stepped foot inside Old Trafford, gradually bought out United shareholders between 2003 and 2005.
His takeover was largely funded by loans secured against the club's assets, a move that took them heavily into debt and sat uneasily with many fans at Old Trafford.
Glazer is survived by his wife Linda, his six children and 14 grandchildren.
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