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Tom Hicks and his Canadian padnuh in Liverpool FC are, at long last, close to finalizing their refinancing of the storied franchise -- much to the chagrin of Liverpool fans, who want the Texas Rangers and Dallas Stars owner out, out, out of the U.K. ASAP. Only, to get the money, Hicks and George Gillett are going to have to pony up some extra dough of their own, since the banks don't trust the twosome.
Reports The Daily Telegraph today, the two men "have been asked to provide an extra £50 million in personal guarantees to secure a £350 million refinancing deal with banks." Expectations are their new deal will be in place possibly as early as tomorrow, which doesn't mean a Dubai International Capital takeover ain't gonna happen some time in the future. Just, not now. Too bad too, as the Liverpool Daily Post published a survey today that says 90 percent of Liverpool FC fans want the Yanks to git their arses out of England. --Robert Wilonsky
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.
