The Tampa Bay Buccaneers announced the passing of owner and team president Malcolm Glazer on Wednesday. Glazer was 85.

We are saddened to announce the passing of Owner/President Malcolm Glazer at the age of 85: http://t.co/hhSLb3Ld42 pic.twitter.com/n17v2P2SvP — Tampa Bay Buccaneers (@TBBuccaneers) May 28, 2014

Glazer purchased the Buccaneers in 1995. He guided the franchise to a significant improvement in on-field performances, including a Super Bowl title in 2002.

Ownership of the Buccaneers will remain with the Glazer family, the team announced. Linda Glazer, along with her five sons and daughter, will run the team.

The Glazer family also owns Manchester United of the English Premier League.