Suit: Hicks misdirected millions from team

Suit: Hicks misdirected millions from team

DALLAS, Aug. 16 (UPI) -- Former Texas Rangers owner Tom Hicks misdirected tens of millions of dollars from the team to acquire what are now profitable parking lots, a lawsuit claims.
Red Sox owner completes Liverpool FC buy

Red Sox owner completes Liverpool FC buy

BOSTON, Oct. 16 (UPI) -- Boston Red Sox owner John Henry says he and his company have completed their controversial purchase of the debt-laden British soccer club Liverpool FC.

Texas court halts Liverpool FC sale

LONDON, Oct. 13 (UPI) -- The expected sale of the Liverpool FC soccer club to the owners of the Boston Red Sox hit a snag Wednesday with an order from a Texas court.

Liverpool FC battle moves to High Court

LIVERPOOL, England, Oct. 11 (UPI) -- A battle over the ownership of the Liverpool FC soccer club was set Monday to move to British High Court where the team's fate was expected to be decided.

MLB loans bankrupt Rangers $18.5M

FORT WORTH, Texas, May 26 (UPI) -- Major League Baseball moved Wednesday to supply an $18.5 million loan to the Texas Rangers to keep the team operating as it goes through bankruptcy.

Texas Rangers declare bankruptcy

ARLINGTON, Texas, May 24 (UPI) -- The Texas Rangers have declared bankruptcy in a move intended to speed a sale of the baseball franchise, owner Tom Hicks said Monday.
Report: Ryan in Texas Rangers' purchase

Report: Ryan in Texas Rangers' purchase

ARLINGTON, Texas, Dec. 16 (UPI) -- A group led by team president Nolan Ryan has purchased baseball's Texas Rangers, club owner Tom Hicks said in a statement.
Report: Baseball makes loan to Texas owner

Report: Baseball makes loan to Texas owner

ARLINGTON, Texas, July 3 (UPI) -- Major League Baseball has loaned cash-strapped Texas Rangers owner Tom Hicks millions to stay afloat, unnamed sources told Yahoo! Sports.
Ryan expresses interest in Rangers stake

Ryan expresses interest in Rangers stake

DALLAS, May 29 (UPI) -- Texas Rangers President Nolan Ryan says he may be interested in purchasing a stake in the MLB franchise from Ranger owner Tom Hicks.

Report: Hicks might sell Texas Rangers

FORT WORTH, Texas, May 28 (UPI) -- Texas Rangers owner Tom Hicks admits to "being open" to selling a majority share of the baseball team, the Fort Worth Star-Telegram reported.

Report: Liverpool co-owners split

LONDON, March 28 (UPI) -- George Gillett, co-owner of the Liverpool, England, soccer team, says his relationship with fellow co-owner Tom Hicks is "unworkable."

One Liverpool F.C. owner rejects Dubai bid

LIVERPOOL, England, March 4 (UPI) -- A co-owner of the Liverpool Football Club rejected an offer Tuesday from Dubai International Capital for the English Premier League soccer team.

Ryan signs four-year contract with Texas

SURPRISE, Ariz., March 1 (UPI) -- The Texas Rangers announced Friday new club president Nolan Ryan had signed a four-year contract.
Nolan Ryan to be Rangers' president

Nolan Ryan to be Rangers' president

ARLINGTON, Texas, Feb. 6 (UPI) -- Hall of Fame pitcher Nolan Ryan has been hired as president of the Texas Rangers.

Dallas Stars fire general manager

FRISCO, Texas, Nov. 13 (UPI) -- Dallas Stars General Manager Doug Armstrong was relieved of his duties Tuesday, the NHL team said.
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Tom Hicks
Dallas Stars owner Tom Hicks thanks Dallas hockey fans for their support of the game prior to the Stars-Coyotes game January 23, 2006. Hicks also announced that that the 2007 NHL All-Star Game will be played in Dallas. (UPI Photo/Ian Halperin)

Thomas Ollis Hicks, Sr. (born in 1946), is an American 'leveraged buyout' businessman living in Dallas, Texas. Despite Forbes Magazine estimating Hicks' wealth at USD 1 billion in 2009, Hicks was unable to pay off joint loans of circa £200 million the following year. Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, previously owned fifty percent of the English football club Liverpool FC, and is chairman of Hicks Holdings LLC, which owns and operates Hicks Sports Group, the company that formerly owned the Texas Rangers and currently owns the Dallas Stars and Mesquite Championship Rodeo.

The son of a Texas radio station owner John Hicks, Hicks was born in Dallas, Texas. He graduated from Thomas Jefferson High School, in Port Arthur, Texas, in 1964. Hicks is a brother of Sigma Phi Epsilon, received his Bachelor's degree in Finance from the University of Texas in 1968, and received his MBA from the University of Southern California in 1970.

Hicks became interested in leveraged buyouts as a member of First National Bank of Austin's venture capital group. Hicks and Robert Haas formed Hicks & Haas in 1984. The next year that firm bought Hicks Communications, a radio outfit run by Hicks' brother Steven – the first of several media companies bought or created by the buyout firm that involved Steven (Capstar, Chancellor, and AMFM).

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Tom Hicks."
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