When the US businessman Malcolm Glazer took over Manchester United football club in 2005, concerns focused on the differences between Glazer and other foreigners who had bought into the British game. Unlike most, he was not a fan looking to indulge his ego with massive spending on a personal fantasy team. Instead, Glazer, who has died aged 85, approached the Premier League club in the same way he had most of his investments, identifying good value and using a strategy designed to maximise his return, whether his takeover were successful or not.
Glazer's fortune was built on a lifetime of such investments. The son of Lithuanian immigrants, he was born in Rochester, New York state, where his father ran a watch-parts business. The fifth of seven children, Malcolm was 15 when his father died, and sold watches door to door to help support his family.
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