Tom Hicks rules out the need to sell Liverpool FC or Dallas Stars

17 November 2009 | By Adam Fraser

Tom Hicks, the American businessman who owns the Texas Rangers, Dallas Stars and half of English soccer club Liverpool has denied reports that financial problems will force him to sell any of his sporting interests other than the Rangers.

Hicks is expected to secure more than US$500 million from the sale of the Rangers, but reports had suggested that the Stars would also be put up for sale. Liverpool, meanwhile, have been linked to a number of investors in recent weeks, and retained Bank of America Merrill Lynch and Rothschild to look into the possibilities.

Hicks, however, insists the sale of the Rangers will cover all of Hicks Sports Group's financial requirements. "The Rangers process, however that comes out, will take care of HSG's needs," he told ESPN.

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