| Sports |

U.K. Papers Full of Reports That Tom Hicks Might Have to Sell Liverpool FC By Summer

Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

Word out of Major League Baseball HQ is that yesterday's meeting among the creditors concerned about Tom Hicks's deal to sell the Texas Rangers to Chuck Greenberg and Nolan Ryan yielded little of note. In short: "no deal killer," says here, which means the $530-$570 million transaction is still on track to get done before spring training, fingers crossed. Which will leave Hicks plenty of time to worry about his Glorypark lawsuits and his soccer team in Liverpool.

Question is: How much longer will Liverpool FC belong to Hicks (and, of course, George Gillett)? Because word out of England this morning is that twosome, well in the red since buying the Reds two years ago, may be forced to sell come summertime by banks tired of carrying all that debt the two men are so fond of restructuring rather than funding. The UK Independent uses the term "fire sale"; the Daily Mail suggests an adios by Easter. At dispute, though, are the Spirit of Shankly supporters union's minutes from a meeting with Reds' managing director Christian Purslow: SoS's notes from the confab say a sale's imminent; his aren't as dead-set. Let's ask Tommy Jr. what he thinks.

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.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the Observer community and help support independent local journalism in Dallas.


Join the Observer community and help support independent local journalism in Dallas.