(CNN) -- Malcolm Glazer, owner of the Tampa Bay Buccaneers and English soccer club Manchester United, has died aged 85.
The NFL franchise released a statement on their official website announcing Glazer had passed away on Wednesday morning.
One of seven children, Glazer assumed control of the Buccaneers in 1995 and they went on to claim their first Super Bowl crown in 2002.
He bought English Premier League team Manchester United in 2005 in a controversial takeover that was heavily criticized by a large section of their fans for loading debt onto the club.
Despite this discontent, the club continued to enjoy huge success on the field, winning five Premier League titles and one European Champions League crown under his stewardship.
"The Tampa Bay Buccaneers are saddened to announce the passing of Owner/President Malcolm Glazer earlier this morning at the age of 85," read the statement.
"Mr. Glazer's long established estate succession plan has assured the Buccaneers will remain with the Glazer family for generations to come.
"Linda Glazer, along with their five sons and daughter, will continue to own and operate the team as they have throughout the family's ownership."
"A private family funeral service will be held for Mr.Glazer. The opportunity for others to remember and celebrate Mr. Glazer's life will be announced at a future date."