May 12, 2005

Bucs Owner Purchases Man United: This is really a Big Deal accross the Atlantic, although it's hard to see why. Malcolm Glazer has been hot on the trail of the World's Most Popular/Overrated Sports Team for over a year, and has finally closed the deal in spite of some heated opposition from fan's groups. Other than latent anti-Semitism, it's hard to see why his interest would draw such intense antipathy. The guy is loaded*, his NFL team has never lacked for funds, and it's not as if he's going to be moving the team to Norfolk or Swansea as a bargaining ploy to get more luxury boxes built at Old Trafford. It's not as if Donald Sterling had bought the team.

*In the interest of full disclosure, Mr. Glazer is indirectly a client of mine, through his ownership of commercial property giant General Growth Properties, whose interests I represent before the local bankruptcy court.

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