Buccaneers owners dispute financial woes

Football Betting Lines

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.

Footballventure Football Betting News

<< Rose moves to 33rd in world rankings
Philadelphia, PA (Sportsbook Betting Lines) - Justin Rose earned his long-awaited first PGA Tour win on Sunday at the Memorial Tournament and jumped from 66th to 33rd in this week's world golf rankings. Graeme McDowell collected his fifth European T

<< 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

Lookin At Lucky tops final three-year-old poll >>
New York, NY (Sportsbook Betting Lines) - Preakness Stakes winner Lookin At Lucky came out in first again in the final NTRA Thoroughbred Three-Year-Old Poll of 2010. The colt was followed by Kentucky Derby champ Super Saver and Belmont Stakes winner

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 : Fortune Favors Favorites in March Madness betting?

Just like Day 1 of the “Sweet 16”, Friday’s games are chock full of some of the nation’s elite.  Unlike Thursday’s games, there is a little bit more of a “Cinderella” feel as #7 seed UNLV and #6 seed Vanderbilt will attempt to move on to the Elite Eight.  With powerhouses Florida, UNC and Georgetown looking to continue their momentum against lesser known teams, it isn’t surprising that once again the “betting public” is backing most of the favorites.  As the early coin rolls in, 56% of Sportsbook.com bettors prefer Georgetown (-7.5) as they take on Vanderbilt; 84% of the early money is backing Oregon (-3) as they square off against UNLV; and a slight majority (52%) of the early cash is on Florida (-10.5) against Butler as the Gators continue their quest for another National Title. The only favorite the public don’t seem confident in is UNC, as 59% of the cash is backing the underdog Trojans (+8).

Midwest

#1 Florida vs. #5 Butler

The defending National Champs have been on a mission since last April.  Joakim Noah and Al Horford turned down millions of dollars for one reason, to REPEAT.  After a late season hiccup which saw them lose three out of four, the Gators have won six straight by an average of 20.3 points. More importantly, they covered in five of those six games.  Behind their stymie defense that yields only 56.9 PPG, Butler has been a very pleasant surprise this season.  As their 20-11 ATS record will indicate, “surprise teams” like Butler are often good bets for gamblers.  Playing in an average conference, Butler wasn’t and underdog too often but when they were, they covered (6-0 ATS).  Butler’s defense will have its hands full against a Gators offense which averages 80.1 PPG on an amazing 52.9% shooting from the field.  With Florida’s tournament experience over the last few years, it isn’t surprising that they are 5-1 ATS this season, 20-4 ATS over the last three seasons and 38-20 since 1997 in tournament action.

#3 Oregon vs. #7 UNLV

As a #7 seed, UNLV is the closest thing to a “Cinderella” we have this year.  If you bet on UNLV this season with any regularity, you most likely cashed in. Behind their guard oriented attack, the Rebels are an impressive 20-11 ATS this season.  As an underdog they covered in 8 out of their ten games which isn’t surprising since they are 52-30 ATS as a ‘dog since 1997. The Rebels have been a consistent cover during the month of March as well.  This March they are 6-0 ATS, 11-3 ATS over the last three seasons and 24-11 since 1997. Their impressive ATS trends don’t end there; versus teams with a winning record they are 15-6 ATS this season and 41-21 over the last three seasons.  Although Oregon hasn’t been as generous to gamblers as UNLV this season, they have been covering consistently as of late.  There is no question that they are playing their best ball of the season having won their last 8 straight up (SU) by an average of 14.5 points. Not surprising they covered in 7 of those games.  It is interesting to note how similar these teams are in regards to scoring and scoring defense. UNLV averages 75 PPG while giving up 66.5 PPG and Oregon scores 75.8 PPG while yielding 65.5 PPG.

East

#6 Vanderbilt vs. #2 Georgetown

“Hoya Paranoia” is officially back! After a decent start, Georgetown has rolled through the second half of the season.  Over their last 18 games, they are 17-1 SU.  They have definitely improved ATS as the season has progressed as well. After opening the season 1-4-1 ATS, the Hoyas have covered 78.3% of their games.  With their great interior play of Jeff Green and Roy Hibbert, the Hoyas as a team shoot 50.5% from the field.  Like the Georgetown teams from years ago, they also excel on defense.  Hoya opponents averaged only 56.8 PPG on 38.2% shooting from the field and an extremely low 30.4% from beyond the arc.  The last stat could be of some concern to Vanderbilt considering they shoot 37.7% from long-range.  Ranking second to last in the SEC in rebounding margin, Vanderbilt will have its work cut out for them against the Hoya trees. As far as covering is concerned, Vanderbilt has been almost a “sure thing” (7-1 ATS) versus good defensive teams that allow less than 64 PPG.

#1 UNC vs. # 5 USC

The Tar Heels are as talented and as deep as any team in the country.  Going ten deep and chock full of HS All-Americans, UNC averages 86.1 PPG and scored 100+ seven times.  Led by All-American forward, Tyler Hansbrough (18.6 PPG 7.9 RPG) UNC has a very balanced attack which can kill you on the inside as well as on the perimeter.  UNC only real concern is their youth as eight of their rotation players are either sophomores or freshmen.  UNC was a reliable cover this season going 20-13 ATS.  An intriguing covering trend for the Tar Heels in recent years has been how they fared after non-conference games.  This season they are 11-3 ATS after non-conference games and over the last three seasons they are 31-13 ATS.  USC is also a pretty deep team which is loaded with swingman types.  An match-up to keep an eye on will be freshman forward Taj Gibson (12.1 PPG, 8.6 RPG) as he squares off against the AA Hansbrough.  USC has been a covering machine this season achieving a 21-10 record ATS.  They have thrived in the underdog role, having covered 10 out of 12.  When playing a team with a winning record, the Trojans are an incredible 20-6 ATS. Keep in mind, USC dedicated their season to former star to Ryan Francis who passed away before the season so as they get closer to the ultimate goal, emotion could definitely be on their side.

With Friday -105 juice on Basketball betting, MySportsbook.com is the place to bet on all of the “March Madness” action.  Don’t forget to monitor who the public is backing at this sportsbook “Betting Trends”.  By doing so, you have the best chance of predicting a possible line change, thus getting the best value for your wager.

To bet on March Madness games this online sportsbook accepts credit cards

About MySportsbook.com MySportsbook.com  is the largest sportsbook and casino on the planet, where millions of adult Americans bet on sports, play poker and enjoy blackjack and other casino games online in a regulated and licensed jurisdiction. Named the "Best US Sports Book" by the industry's top magazine, eGaming Review, MySportsbook.com has been leading the online gaming industry since 1996. Dwarfing its nearest competitors in the US, MySportsbook.com has been the first to achieve every significant industry milestone, from record turnover to active users to number of bets--achieving a peak of fifteen bets per second. As the US online gaming leader, the firm and it's products have been featured on CBS 60 Minutes, CNN, ESPN, Wall Street Journal, Barrons, Financial Times, USA Today and in every major newspaper in the US.


MySportsbook.com is the Internet’s largest online sportsbook site serving customers in more than 80 countries worldwide. Founded in 1997, MySportsbook.com was the first sports book to introduce reduced margin wagering, using a -105 pricing model that gives bettors up to 50% better value on wagers than traditional bookmakers. With low minimum bet requirements and the highest maximum limits on the Web, MySportsbook.com has earned an industry leading reputation for providing consistent value to the player, professional customer service and the quickest payouts online. Fully licensed and regulated in Antigua and the UK, the company offers a secure environment for sports betting, horse racing and online casino games.

To visit this online sportsbook got to MySportsbook.com for all your Sportsbook accepts credit cards needs.