While soccer fans have watched the chaos surrounding Tom Hicks’ Liverpool financing, in another set of financial books, Hick’s NHL Dallas Stars have defaulted on their debt and his Texas Rangers baseball team is currently for sale although no buyers can be found. Not looking good for Mr. Hicks…
Liverpool’s American Co - Owners George Gillett and Tom Hicks can’t be happy knowing their Kop Football (Holdings) Limited lost over 42.6 Million Pounds in the last year during their attempt to re - finance the 350 Million Pound ownership debt.
from the Guardian:
Tom Hicks’s US sports investment-vehicle has defaulted on loans amounting to US$525m (£354m). The news emerges less than four months before he and his Liverpool co-owner, George Gillett, must refinance a £350.5m loan for the Premier League club with two separate banks. (more…)
Liverpool Co - Owner Tom Hicks has admitted that while he is over the moon about Rafa Benitez re - upping with the Reds for five more years, the Spaniard WILL NOT have total control over the Transfer kitty as has been earlier reported and the main stumbling block over the initial round of negotiations.
Liverpool boss Rafa Benitez goes to the media (…) with his demands for a fat new contract for himself and staff, total control, and an open checkbook to acquire players. And be quick about it too…
Image via DailyMail
Image via daylife
A sign aimed at the club’s U.S. owners is seen at Liverpool’s English Premier League soccer match against Chelsea at Anfield Stadium, Liverpool, England, Sunday Feb. 1, 2009. A group of Kuwaiti businessmen were at Anfield on Sunday with Liverpool co-owner Tom Hicks to watch the match against Chelsea as the American searches for new investors.
There is no doubt that the Liverpool faithful are less than thrilled with ownership these days but apparently George Gillett has no idea why: (more…)
When the now former President Bush arrives in Dallas, his next door neighbor will be Tom Hicks, owner of Liverpool.
Image via DO
Liverpool fans will use Anfield’s most volatile fixture of the season Saturday to renew their struggle to oust the club’s American owners.With Anfield in the spotlight for the Premier League match against Manchester United, disgruntled fans will march outside the ground before kickoff to show their continued fury at Tom Hicks and George Gillett Jr.
Image via Life
