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Joel Glazer denies rumors of financial problems, sale of Bucs

The typically quiet and reclusive Glazers initially opted not to respond to a rumor that the family has suffered significant financial losses as a result of the Bernie Madoff investment scam, and the rumors that, as a result of the losses, their Tampa Bay Buccaneers could be for sale.

But now Buccaneers co-chairman Joel Glazer, one of the sons of owner Malcolm Glazer, has issued through the team an unequivocal denial of both rumors.

“The report today by WDAE’s Dan Sileo about our family and the Tampa Bay Buccaneers is 100 percent false,” Joel Glazer said. “The Tampa Bay Buccaneers are not, nor have they ever been for sale. In addition, our family or any of our related companies have never invested one penny with Bernie Madoff. The report is baseless, irresponsible and slanderous. This type of behavior by Mr. Sileo and his company Clear Channel will be dealt with in the appropriate manner.”


This once again proves that, when folks who usually say nothing finally start talking, they do so in no uncertain terms.