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)
- How’d he do that? Magician Maddux fooled hitters all the way to Hall 5
- And That Happened: Thursday’s scores and highlights 45
- MLBPA files grievance against Astros in regard to draft pick situation 35
- The eyes have it: Thomas’ greatness built on patience 14
- Expert’s Corner: How to troll fans of all 30 teams 193
- Mariners re-acquire Kendrys Morales from Twins for Stephen Pryor 22
- A’s designate $10 million reliever Jim Johnson for assignment 35
- Everything you need to know about next week’s trade deadline 35
- Expert’s Corner: How to troll fans of all 30 teams (193)
- Verducci: baseball should think about an “illegal defense” rule to combat shifts (162)
- Yankees acquire Chase Headley from Padres (108)
- Who is the next Face of Baseball? (97)
- David Ortiz passes Carl Yastrzemski on the all-time home run list — is he a Hall of Famer? (92)