Hicks Hated Here and There

Liverpool team sale heads to court

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    NEWSLETTERS

    TK

    Baseball fans celebrated the day Tom Hicks gave up ownership of the Texas Rangers and British soccer fans are hoping for the same soon.

    Hicks and partner George Gillett are in a fight to sell the Liverpool soccer club on their own terms.

    New England Sport Ventures, the same company that owns the Boston Red Sox, came forward with an offer to buy the club from Hicks and Gillett.

    The problem is Hicks did not sign off on the deal but Liverpool's board did. Shortly after it became public, Hicks and Gillett fired two members of Liverpool's board saying they were excluded from the process.

    A British judge will decide if Hicks and Gillett have the power to fire directors who supported the sale to New England Sports Ventures.

    Hicks announced back in April he would try to sell the soccer club which has a storied past (think New York Yankees of soccer). The team is shouldering an estimated debt of $370 million dollars.

    Fans are calling for change, they are worried the 18-time champion soccer club will be mired in a financial mess that will keep the franchise from returning to its winning ways.

    Oh, by the way, Hicks is also trying to unload the Dallas Stars as well.