Apr 16, 2010, 11:24 AM EDT
One highly-leveraged English Premier League for sale. Inquire to one Mr. Tom Hicks.
He’ll take cashier checks, but they must be made out to Chuck Greenberg and/or various creditors of the Texas Rangers. Do not — repeat — do not make any checks out to Mr. Hicks personally.
Just spitballin’ here, but I wonder if the Rangers’ creditors will take an interest in the soccer team sale as satisfaction for their debts, thereby paving the way for the Rangers sale to go through. Liverpool is leveraged, sure, but EPL teams are worth a ton of dough, and it may just be that all involved can shake out an extra $30 million or so to do it.
Plus: unlike Major League Baseball teams, my understanding is that creditors can take actual security interests in teams. So, crisis/opportunity is what I’m saying.
(thanks to Kevin Tooke for the heads up)
- The Winners and Losers at the Trade Deadline 52
- 2015 MLB Trade Deadline Tracker 11
- Report: Yoenis Cespedes heading to the New York Mets 36
- The Blue Jays pick up Ben Revere from the Phillies 62
- Cubs trade for Dan Haren 27
- Cardinals add more bullpen help, get Jonathan Broxton from Brewers 13
- Orioles trade for Brewers outfielder Gerardo Parra 19
- And That Happened: Thursday’s scores and highlights 46
- Blue Jays acquire David Price from the Tigers (112)
- Rangers land ace left-hander Cole Hamels from Phillies (106)
- Royals make another big move, get Ben Zobrist from A’s (95)
- Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects (90)
- The Hall of Fame just made a MAJOR change to the Hall of Fame voting process (78)