Texas billionaire and former sports team owner, Tom Hicks, has died at the age of 79.
Hicks died on Saturday in Dallas, surrounded by his family, according to a statement issued by Hicks Holdings LLC, shared on Liverpool Website on Sunday.
A prominent figure in American sports business, Hicks owned the NHL’s Dallas Stars from 1995 to 2011, a period during which the club won the 1999 Stanley Cup.
He also owned Major League Baseball side, Texas Rangers, between 1998 and 2010, leading them to a World Series appearance.
In 2007, he acquired a 50 per cent stake in Liverpool FC, though his co-ownership was marred by financial and management disputes that eventually led to the club’s sale.
Reacting to his death, Dallas Cowboys owner, Jerry Jones, described Hicks as a “champion of sports,” noting their close relationship.
