The leading business site Forbes reports that the value of the Tampa Bay Buccaneers is falling, and that the owners (the Glazers) “need to repair their ship before it sinks”. Fans are angry at the lack of money being spent on players and the season ticket waiting list has “essentially evaporated”. This comes just days after Andersred’s brilliant analysis of the severe problems in the family’s real estate business First Allied Corporation, where half the shopping centres risk going bust.
The big question is how these problems will affect the Glazers’ ownership of United. It might make them even more determined (or desperate) to hang on to United and the cash flow the club generates, but then again it might make them more open to offers that would see them leave United with a huge profit. Let’s hope for the latter.
Between the Lines 