Tom Hicks Buys Liverpool FC

Tom Hicks and George Gillett have agreed to acquire soccer club Liverpool FC for Gbp174 million. The deal was struck after rival bidder Dubai International Capital dropped out of the bidding. Hicks already owns the Texas Rangers (baseball) and Dallas Stats (ice hockey), while Gillett owns the Montreal Canadiens (ice hockey) and used to run both the Miami Dolphins and Harlem Globetrotters.