kaorder1999
02-01-2007, 11:50 AM
Hicks to buy into Liverpool 10:38 AM CST
10:42 AM CST on Thursday, February 1, 2007
By EVAN GRANT / The Dallas Morning News
egrant@dallasnews.com
In what may well set a precedent for North American sports franchise owners, Rangers and Stars boss Tom Hicks is entering into an agreement with Montreal Canadiens owner George Gillett Jr. to purchase one of the most storied teams in the British Premiership soccer league.
According to a source, Hicks has agreed to go half-and-half with Gillett on the $450 million purchase of Liverpool Football Club, otherwise known as the "Reds." Hicks' investment will rival the $250 million he paid for the Rangers when he purchased them in 1998. A formal announcement of the deal could be made early next week.
In a history that dates back to 1892, Liverpool has won 18 league championships and five European Cups. The Reds, currently in third place in the Premiership standings, last captured the European Cup in 2005.
Hicks was in the United Kingdom this week and was expected back in the United States late Thursday.
10:42 AM CST on Thursday, February 1, 2007
By EVAN GRANT / The Dallas Morning News
egrant@dallasnews.com
In what may well set a precedent for North American sports franchise owners, Rangers and Stars boss Tom Hicks is entering into an agreement with Montreal Canadiens owner George Gillett Jr. to purchase one of the most storied teams in the British Premiership soccer league.
According to a source, Hicks has agreed to go half-and-half with Gillett on the $450 million purchase of Liverpool Football Club, otherwise known as the "Reds." Hicks' investment will rival the $250 million he paid for the Rangers when he purchased them in 1998. A formal announcement of the deal could be made early next week.
In a history that dates back to 1892, Liverpool has won 18 league championships and five European Cups. The Reds, currently in third place in the Premiership standings, last captured the European Cup in 2005.
Hicks was in the United Kingdom this week and was expected back in the United States late Thursday.