Tag: 2009 mlb trade deadline

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Hicks on the hook for another $50m - no upgrades in Texas

4

As you may be aware, Tom Hicks, owner of the Texas Rangers, is also co-owner of Liverpool FC in the English Premier League. This duplicitous turd bought his share in the club by mortgaging it up to the hilt with his co-conspriator George Gillett and the terms of that loan were due today. Fortunately for Angels fans (less fortunately for Liverpool fans, who were hoping that the loan would be foreclosed on and the club sold to someone with the team's best interests at heart), the terms of the loan were renegotiated on the condition that Hicks and Gillett stump up a further £60 million ($100 million) this year - 2/3 now, 1/3 later. The up-shot of this all being that Hicks, who has had more difficulty raising the cash, is unlikely to be a buyer between now and the trade deadline unless the Rangers can unload payroll.

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