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06/07/2010 - Tampa, FL (Sportsbook Betting Lines) - The Tampa Bay Buccaneers released a statement Monday saying that the Glazer family, which owns the team, is "well positioned" financially, refuting a British report that claims otherwise.
The statement comes on the same day a BBC report said the family, which also owns Manchester United of the English Premier League, has a debt of about $1.6 billion -- more than $570 million than previously known. The report said the debt levels may threaten the family's ownership of Manchester United, but added that the Glazers said they hold nearly $3 billion in assets.
The BBC reported that mortgage documents show the Glazers have borrowed $570 million against their shopping centers (First Allied Corporation) and $95 million against the Buccaneers. That's in addition to their $1 billion Manchester United debt, part of which the BBC reported will be charged at an interest rate of 16.25 percent.
In light of the report, the Buccaneers released a statement Monday saying that their fans "should know that the Glazer family is as financially well- positioned as ever before." The statement said companies the Glazers own generate more than $800 million in revenue each year.
"Sophisticated real estate experts know that the family's refinancing of their commercial real estate before the global meltdown has proven to be the wise move," the statement said.
"While First Allied represents only a small portion of their asset portfolio, it continues to generate significant profits, enjoys over 90 percent occupancy, and has long term non-recourse financing.
"This franchise remains committed to bringing the resources to build its next championship team."
The BBC reported, however, that most of the shopping centers do not generate enough income to draw even with interest payments, adding that four have already gone bankrupt. The report said banks have put a number of the centers on a watch list, and said First Allied properties are worth about $550 million -- less than what the family borrowed against the company.
<< Parker soars in world rankings after first LET win
Philadelphia, PA (Sportsbook Betting Lines) - England's Florentyna Parker claimed her
first Ladies European Tour title on Sunday and soared 93 places to No. 139 in
the world rankings for women's golf.
Meanwhile, Yoshimi Kohda also earned her fi
<< Real Madrid locks up Higuain
Madrid, Spain (Sportsbook Betting Lines) - Argentina striker Gonzalo Higuain has ended
uncertainty about his future at Real Madrid by signing a new six-year
contract.
The 22-year-old South American has been heavily linked with a move to En
<< Vorsah extends Hoffenheim deal
Sinsheim, Germany (Sportsbook Betting Lines) - Hoffenheim defender Isaac Vorsah has
ended speculation over his career by penning a new three-year contract with
the Bundesliga side.
Vorsah, who is expected to feature heavily for Ghana in thi
<< Hewitt rolls; Ferrero falls on grass in Halle
Halle, Germany (Sportsbook Betting Lines) - Former world No. 1 Lleyton Hewitt was an
easy first-round winner, while former top-ranked star Juan Carlos Ferrero came
up a loser Monday at the Gerry Weber Open, a grass-court Wimbledon tune-up.
The ei
Rybarikova, Tanasugarn advance in Birmingham >>
Birmingham, England (Sportsbook Betting Lines) - Tenth-seeded reigning champion
Magdalena Rybarikova and Thai veteran Tamarine Tanasugarn were among Monday's
winners at the $220,000 Aegon Classic, a grass-court Wimbledon tune-up.
Rybarikova
Brewers part ways with veteran P Suppan >>
Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers released veteran right-
handed pitcher Jeff Suppan on Monday.
The 35-year-old came to Milwaukee via free agency in December 2006 after
spending the previous three seasons with St.
Shea claims first Player of the Week award >>
New York, NY (Sportsbook Betting Lines) - FC Dallas midfielder Brek Shea was voted Major
League Soccer Player of the Week for week 11 of the 2010 MLS season.
Shea scored two goals for FC Dallas in the span of two minutes during their
2-0 victory
Montgomerie fires 62 to qualify for British Open >>
Berkshire, England (Sportsbook Betting Lines) - European Ryder Cup captain Colin
Montgomerie fired an eight-under 62 on Monday to qualify for his 21st
consecutive British Open.
Montgomerie matched the 18-hole scoring record on Sunn
MySportsbook.com Favors Fighting Irish to win College Football betting odds
According to odds makers at MySportsbook.com, on January 8, the Fighting Irish faithful may be toasting their 14th national title in Arizona – Notre Dame’s first national championship in close to 20 years.
Although MySportsbook.com has listed Notre Dame as the 5-1 favorite to win thecollege football College Football betting, fans in Columbus do not need to cancel their tickets to Glendale just yet. The Ohio State Buckeyes, listed right behind the Irish at 7-1, are also heavy favorites to win college football’s most coveted prize, while West Virginia, USC and the 2007 National Champion Texas Longhorns - all listed at 8-1 – are strong contenders as well.
MySportsbook.com has also posted gambling odds on the conference championships for the ACC, Big 12 and SEC. In the ACC – it could be anyone’s title, particularly for the two schools from the Sunshine State. Florida State and Miami, both listed at 2-1, are favored to win the ACC Championship Game odds, with the ‘Noles hoping to finish in the nation’s top 10 for the first time in five years, and the ‘Canes looking to avenge their 10-7 loss against FSU in last year’s ACC Championship betting.
Moving west to the Big 12, MySportsbook.com has betting lines listing Texas as 7-5 favorites to repeat as conference champions, even though the Longhorns lost their national championship-winning quarterback Vince Young to the NFL. In the south, the Auburn Tigers – led by Heisman-hopeful senior running back Kenny Irons – have been given the best odds to win the SEC Championship odds at 5-2.
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts Visa needs.
| Notre Dame Ohio State West Virginia Texas USC Florida California Auburn Oklahoma Iowa Louisville Florida State Michigan Miami (FL) LSU Penn State Virginia Tech Nebraska Tennessee Georgia Arizona State Oregon Clemson Texas A&M Texas Tech Alabama Arkansas Boston College Michigan State Maryland South Carolina Colorado Purdue Georgia Tech TCU UCLA Arizona Pittsburgh Iowa State Wisconsin North Carolina State Virginia North Carolina Fresno State Hawaii Northwestern BYU Oregon State UNLV Field (Any Other Team) |
5-1 7-1 8-1 8-1 8-1 12-1 15-1 15-1 18-1 20-1 20-1 20-1 20-1 20-1 25-1 40-1 40-1 50-1 60-1 60-1 60-1 70-1 70-1 100-1 100-1 100-1 100-1 100-1 150-1 200-1 200-1 200-1 200-1 200-1 250-1 250-1 300-1 300-1 300-1 300-1 300-1 300-1 400-1 500-1 500-1 500-1 500-1 1000-1 1000-1 40-1 |
| Miami (FL) Florida State Virginia Tech Clemson Georgia Tech Boston College Maryland Virginia North Carolina State North Carolina Wake Forest Duke |
2-1 2-1 3-1 7-1 15-1 15-1 15-1 30-1 30-1 30-1 50-1 500-1 |
| Texas Oklahoma Nebraska Texas Tech Colorado Iowa State Texas A&M Kansas State Missouri Kansas Baylor Oklahoma State |
7-5 9-5 9-2 12-1 14-1 15-1 15-1 30-1 30-1 35-1 100-1 100-1 |
| Auburn Florida LSU Georgia Tennessee Arkansas Alabama Mississippi South Carolina Mississippi State Kentucky Vanderbilt |
5-2 11-4 4-1 6-1 7-1 7-1 9-1 20-1 28-1 75-1 100-1 300-1 |
For complete NCAA football odds please visit Mysportsbook.com.
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