The majority of the money Malcom Glazer used to buy Manchester United came from loans taken from banks. These loans make the debt Manchester United have now....
Glazers Takeover:
September 2003: 3.17% of club owned
December 2003: 15% of club owned
October 2004: 28% of club owned
May: 2005: 57% of club owned
May 2005: 75% of club owned
June 2005: 98% of club owned
By May 2005, Malcom Glazer was over the 30% of shares needed to launch a financial takeover. By June 2005, the additional 2% were forced to pay out. At this point the club had costed $800 million.
Tampa Bay Buccaners
The Tampa Bay Buccaners are an American team (American Football) that Malcom Glazers owns. Before his takeover at Manchester United, he had spent $192 million buying and keeping the club. His investment in the club kept it as one of the biggest in its league
Malcom Glazer has currently passed on ownership to his children. Whilst he still remains key share holder, his children run the financial show.