Former Liverpool boss Tom Hicks faces lawsuit
Wednesday 17 August 2011
The former co-owner of Liverpool Football Club, Tom Hicks, is being sued by a group of former investors in the Texas Rangers who claim he used the Major League Baseball club to enrich himself while he was the owner.
Lawyers for the Rangers' partnership under bankruptcy administrator Alan Jacobs say Mr Hicks bought land for parking and roads to build "a real estate empire on the backs of the Texas Rangers' players and creditors and fans". The suit alleges the Rangers were left "without sufficient money to field a competitive baseball team".
A spokeswoman for Mr Hicks, who lost control of Liverpool last October, said the allegations were "absolutely untrue".
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