Glazer Says Family Is Committed To Tampa Despite Sale Rumors
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Joel Glazer Says Buccaneers
Not Immune To Economy |
There has been speculation that EPL club Manchester United and Buccaneers Owner the Glazer family is "too cash-strapped to be big players" in NFL free agency, or that they "might be forced to sell" the NFL franchise, according to Rick Stroud of the ST. PETERSBURG TIMES. The speculation has been fueled by "sagging season-ticket renewals, escalating salaries, an economic meltdown and suffocating debt from purchasing" ManU. Buccaneers co-Chair Joel Glazer: "The only thing I would say about that is we're as committed to success in Tampa as we've always been." Glazer added, "We have a lot of other businesses, but they're not as high-profile. So it's not easy to make connections and draw lines and all that kind of stuff. We've brought championships to Tampa and we've had successes elsewhere. But one thing that drives us day in and day out is we have one Super Bowl ring but we've got many more fingers." Glazer added that the team has "returned to its philosophy of building through the draft." Glazer: "We're going to be disciplined and we're going to be patient. ... Free agency is not going to solve all our problems." Glazer also said that the team is "not immune to the economic crisis." Glazer: "We are seeing an effect and we'll know more as we get closer to July. But I think there are a lot of people being forced to sit on the sidelines because of the situation in the economy" (ST. PETERSBURG TIMES, 3/25).
DEVILS IN THE DETAILS: In Manchester, David Conn reports Manchester United's debts are "being sold at a loss by crisis-stricken financial institutions" in London, and the discount "speaks more of the global economic crisis than a crumbling of the Old Trafford ramparts." The sale of debt does not mean that ManU is "in trouble" (GUARDIAN.co.uk, 3/25).
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