Ex-Liverpool owner sued

FORMER Liverpool FC co-owner Tom Hicks is being sued by a group of former investors in the Texas Rangers, saying he used the major league baseball club to enrich himself at the team’s expense while he was the owner.

Ex-Liverpool owner sued

In a suit filed in state court in Dallas, attorneys for the Rangers partnership under bankruptcy administrator Alan Jacobs say Hicks ignored team obligations and bought land for parking lots 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 insolvent “without sufficient money to field a competitive baseball team”.

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